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MI HB4546

MI HB4546
Insurance: health insurers; compliance with the prescription drug cost and affordability review act; require. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 3406tt. TIE BAR WITH: HB 4544'25


summary

Introduced
06/03/2025
In Committee
06/03/2025
Crossed Over
Passed
Dead

Introduced Session

103rd Legislature

Bill Summary

A bill to amend 1956 PA 218, entitled"The insurance code of 1956,"(MCL 500.100 to 500.8302) by adding section 3406tt.

AI Summary

This bill requires health insurance providers in Michigan to adhere to section 12 of the Prescription Drug Cost and Affordability Review Act when delivering, issuing, or renewing health insurance policies that include prescription drug coverage. The bill is part of a legislative package aimed at regulating health insurance and prescription drug pricing, and it will only take effect if a companion bill (either Senate Bill S00487'25 or House Bill 4544) is also enacted into law. By mandating compliance with section 12 of the referenced act, the bill appears to be establishing specific requirements or standards for how insurers handle prescription drug benefits, though the precise details of those requirements are not specified in the provided text. This legislation amends the Michigan Insurance Code of 1956 by adding a new section (3406tt) that outlines these compliance obligations for health insurers operating in the state.

Committee Categories

Government Affairs

Sponsors (36)

Last Action

Bill Electronically Reproduced 06/03/2025 (on 06/04/2025)

bill text


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