IA SF188

Requires health insurance policies that cover prescription drugs to also cover FDA-approved contraceptive drugs, devices, and outpatient contraceptive services without excluding or restricting these benefits

Prohibits insurers from imposing deductibles, copayments, or coinsurance on contraceptive coverage, and bars them from denying eligibility based on an individual's use or potential use of contraceptives

Allows cost-sharing only when multiple therapeutically equivalent versions of a contraceptive exist, provided at least one version is available without cost-sharing; coverage without cost-sharing required when a health care professional recommends a specific contraceptive based on medical need

Prohibits insurers from penalizing or reducing reimbursements to health care professionals who prescribe contraceptives, or from offering incentives to withhold contraceptive services from patients

Applies to individual and group health insurance policies, hospital/medical service contracts, HMOs, and public employee plans delivered or renewed on or after January 1, 2026; policyholders may opt out of contraceptive coverage