summary
Introduced
03/17/2023
03/17/2023
In Committee
03/17/2023
03/17/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 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 coverage for insulin.
AI Summary
This bill amends the Insurance Company Law of 1921 to require health insurance policies providing prescription coverage of insulin to impose a maximum copayment, coinsurance, or deductible of $35 per 30-day supply of insulin, regardless of the amount or type needed. The bill also authorizes the Insurance Department to promulgate regulations to implement and enforce the price cap. The bill exempts certain types of insurance policies, such as accident-only, fixed indemnity, and dental/vision plans. Additionally, the bill directs the Attorney General to investigate insulin pricing practices and submit a report to the General Assembly with recommendations to control and prevent overpricing of prescription insulin drugs.
Committee Categories
Business and Industry
Sponsors (29)
Jeanne McNeill (D)*,
Lisa Borowski (D),
Missy Cerrato (D),
Joe Ciresi (D),
Dan Deasy (D),
Dave Delloso (D),
Elizabeth Fiedler (D),
Bob Freeman (D),
John Galloway (D),
Liz Hanbidge (D),
Pat Harkins (D),
Carol Hill-Evans (D),
Joe Hohenstein (D),
Tarik Khan (D),
Emily Kinkead (D),
Rick Krajewski (D),
Maureen Madden (D),
Ed Neilson (D),
Napoleon Nelson (D),
Jenn O'Mara (D),
Tarah Probst (D),
Chris Rabb (D),
Steve Samuelson (D),
Ben Sanchez (D),
Christina Sappey (D),
Mike Schlossberg (D),
Melissa Shusterman (D),
Mike Sturla (D),
Arvind Venkat (D),
Last Action
Referred to INSURANCE (on 03/17/2023)
Bill Topics
Health
- ‐ Health Insurance Reform
- ‐ Regulation of Drug Industry and Pharmacies
- ‐ Treatment of Specific Diseases
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.legis.state.pa.us/cfdocs/billinfo/bill_history.cfm?syear=2023&sind=0&body=H&type=B&bn=534 | 03/17/2023 |
| BillText | https://www.legis.state.pa.us/cfdocs/legis/PN/Public/btCheck.cfm?txtType=PDF&sessYr=2023&sessInd=0&billBody=H&billTyp=B&billNbr=0534&pn=0505 | 03/17/2023 |
Loading...