Bill

Bill > HB2878


PA HB2878

PA HB2878
In casualty insurance, providing for insulin coverage.


summary

Introduced
10/17/2022
In Committee
10/17/2022
Crossed Over
Passed
Dead
11/30/2022

Introduced Session

2021-2022 Regular Session

Bill Summary

Amending the act of May 17, 1921 (P.L.682, No.284), entitled "An act relating to insurance; amending, revising, and consolidating the law providing for the incorporation of insurance companies, and the regulation, supervision, and protection of home and foreign insurance companies, Lloyds associations, reciprocal and inter-insurance exchanges, and fire insurance rating bureaus, and the regulation and supervision of insurance carried by such companies, associations, and exchanges, including insurance carried by the State Workmen's Insurance Fund; providing penalties; and repealing existing laws," in casualty insurance, providing for insulin coverage.

AI Summary

This bill amends the Insurance Company Law of 1921 to provide coverage for insulin. It caps the copayment, coinsurance, or deductible for a 30-day supply of insulin at $35, regardless of the amount or type of insulin needed. The bill also allows insurance policies to offer a lower monthly price for insulin and authorizes the Insurance Department to promulgate regulations to implement and enforce the maximum price. Additionally, the bill requires the Attorney General to investigate insulin pricing practices and report findings and recommendations to the legislature within one year of the bill's effective date.

Committee Categories

Business and Industry

Sponsors (35)

Last Action

Referred to INSURANCE (on 10/17/2022)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...