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AZ SB1725
Bill
Status
2/3/2021
Primary Sponsor
Rebecca Rios
Click for details
AI Summary
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Limits total out-of-pocket costs for covered prescription insulin drugs to $100 per thirty-day supply across all health insurance plans, regardless of insulin type or quantity needed.
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Applies to medical service corporations, hospital service corporations, health care services organizations, disability insurers, blanket disability insurers, and accountable health plans.
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Defines "prescription insulin drug" as any prescription medication containing insulin prescribed by a health care professional to treat diabetes.
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Allows insurers to continue imposing deductibles, coinsurance, and other cost-sharing measures for diabetes equipment and supplies, with the $100 limit applying specifically to insulin drugs.
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Amends sections 20-826, 20-1057, 20-1342, 20-1402, 20-1404, and 20-2325 of Arizona Revised Statutes to implement the insulin cost-sharing cap across different insurance plan types.
Legislative Description
Insulin drugs; cost sharing limit
Health Care Insurance
Last Action
Senate read second time
2/4/2021