summary
Introduced
02/16/2023
02/16/2023
In Committee
02/22/2024
02/22/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
Relative to health insurance consumer deductibles. Financial Services.
AI Summary
This bill aims to provide consumers with more transparency and control over their health insurance deductibles. It requires insurers to include any cost-sharing amounts paid by the enrollee or on their behalf by another person when calculating the enrollee's contribution to any applicable cost-sharing requirement. This ensures that all cost-sharing reductions or discounts are fully applied towards the enrollee's out-of-pocket costs, deductible, or other obligations. The bill applies to health plans entered into, amended, extended, or renewed on or after January 1, 2024, and the state insurance commission is authorized to promulgate necessary rules and regulations to implement this provision.
Committee Categories
Business and Industry, Health and Social Services
Sponsors (13)
Dan Cahill (D)*,
Brian Ashe (D),
John Barrett (D),
David DeCoste (R),
Carmine Gentile (D),
David Linsky (D),
Sam Montaño (D),
Ted Philips (D),
Adam Scanlon (D),
Margaret Scarsdale (D),
Dawne Shand (D),
Jeff Turco (D),
Tommy Vitolo (D),
Last Action
Accompanied a study order, see H4634 (on 05/09/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/193/H953 |
| BillText | https://malegislature.gov/Bills/193/H953.pdf |
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