Signed by Governor Greg Abbott

Vote Smart's Synopsis:

Vote to pass a bill that reduces the price of insulin copayments and caps the cost at $50.

Highlights:

• Prohibits a health benefit plan from imposing cost-sharing for insulin that is included in the health benefit plan’s formulary if the total amount the enrollee is required to pay exceeds $50 for a 30-day supply regardless of the amount or type of insulin needed to fill a prescription (Sec. 1).

• Defines “insulin as a prescription drug that contains insulin and is used to treat diabetes and specifies that the term does not include an insulin drug that is administered intravenously (Sec. 1).

Full Bill Text