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MN HF2493

Bill

Status

Introduced

4/9/2021

Primary Sponsor

Kristin Bahner

Click for details

Origin

House of Representatives

92nd Legislature 2021-2022

AI Summary

  • Prohibits pharmacy benefit managers and health carriers from requiring enrollees to pay more than the lesser of four specified amounts at the point of sale for covered prescription drugs.

  • Limits point-of-sale payments to the applicable co-payment, allowable claim amount, uninsured cash price, or net price of the drug, whichever is lowest.

  • Defines "net price" as the pharmacy benefit manager's or health carrier's cost for a prescription drug after applying any rebates or discounts received from drug manufacturers.

  • Applies to health plans offered, issued, or renewed on or after January 1, 2022.

Legislative Description

Enrollee prescription drug cost-sharing additional limits placed.

Last Action

Introduction and first reading, referred to Commerce Finance and Policy

4/9/2021

Committee Referrals

Commerce Finance & Policy4/9/2021

Full Bill Text

No bill text available