SB 1601 Summary

• Amends Arizona health insurance statutes to cap insulin cost-sharing at $100 per 30-day supply, regardless of insulin type or dosage required, for all health plans including medical service corporations, health care services organizations, disability insurers, blanket disability insurers, and accountable health plans.

• Applies the $100 cap specifically to "prescription insulin drugs" defined as prescription medications containing insulin prescribed by a health care professional to treat diabetes.

• Maintains insurers' ability to impose deductibles, coinsurance, and other cost-sharing measures on diabetes equipment and supplies beyond the insulin drug cap.

• Updates language throughout multiple insurance code sections to achieve consistency and modernize phrasing (e.g., "per cent" to "percent," "upon" to "on").