HB 4346 - Establishes a Co-Pay Cap for Insulin - Michigan Key Vote

Timeline

Related Issues

Stage Details

See How Your Politicians Voted

Title: Establishes a Co-Pay Cap for Insulin

Vote Smart's Synopsis:

Vote to pass a bill that establishes a co-pay cap for insulin of $50.

Highlights:

 

  • Requires insurers in this state that deliver, issues for delivery, or renew a health insurance policy that provides an insulin prescription to cap the total amount an insured individual is required to pay at $50 per 30-day supply regardless of the amount or type of insulin needed to fill a prescription (Sec. 1).

  • Specifies that nothing in this act shall prevent an insurer from reducing an insured individual's cost sharing by an amount greater than $50 (Sec. 1).

arrow_upward