Vote Smart's Synopsis:

Vote to pass a bill that limits the out of pocket cost for insulin to $30 for a 30 day supply.

Highlights:

• Requires the total amount that a covered person is to pay out of pocket for covered prescription insulin drugs to be capped at an amount not to exceed thirty dollars per thirty-day supply, regardless of the amount or type of insulin needed to fill such covered person's prescription and regardless of the insured's deductible, copayment, coinsurance or any other cost-sharing requirement (Sec. 1.B).

• Specifies coverage may be subject to annual deductibles and coinsurance as may be deemed appropriate by the superintendent and as are consistent with those established for other benefits within a given policy (Sec. 2.B).

Full Bill Text