summary
Introduced
01/05/2026
01/05/2026
In Committee
01/05/2026
01/05/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Insulin price cap. Requires an insurer to cap the total amount an insured is required to pay for a 30 day supply of prescription insulin drugs at an amount not to exceed $35, regardless of the number of prescriptions and different types of insulin prescribed and filled during that period.
AI Summary
This bill, effective July 1, 2026, amends Indiana law to cap the out-of-pocket cost for individuals with health insurance for a 30-day supply of prescription insulin drugs at $35, regardless of how many prescriptions or different types of insulin are filled during that period. A "prescription insulin drug" is defined as a drug containing insulin, used to treat diabetes, and prescribed as medically necessary. The bill also allows insurers to set the cap lower than $35 and includes an exception: if applying this $35 cap would prevent a health insurance plan from qualifying as a high deductible health plan under Section 223 of the Internal Revenue Code, the cap will not apply to the extent necessary to maintain that qualification.
Committee Categories
Health and Social Services
Sponsors (1)
Last Action
First reading: referred to Committee on Health and Provider Services (on 01/05/2026)
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://iga.in.gov/legislative/2026/bills/senate/150/details |
| BillText | https://iga.in.gov/pdf-documents/124/2026/senate/bills/SB0150/SB0150.01.INTR.pdf |
| Fiscal Note #1: Introduced | https://iga.in.gov/pdf-documents/124/2026/senate/bills/SB0150/fiscal-notes/SB0150.01.INTR.FN001.pdf |
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