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MS HB1667
Bill
Status
2/3/2026
Primary Sponsor
Mark Tullos
Click for details
AI Summary
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Health benefit plans and prescription drug programs must apply manufacturer copay assistance to reduce patient costs for prescription drugs and/or credit the value toward annual deductibles and out-of-pocket maximums
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Insurers must pay clean electronic claims within 25 days and clean paper claims within 35 days, with 3% monthly interest accruing on overdue payments
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Administrative penalties range from $10,000 to $200,000 based on the percentage of clean claims an insurer fails to pay on time during a calendar year
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Cash discount card issuers must pay a portion of the pharmacy discount cost; cards that violate this requirement are void to the extent of noncompliance
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Effective date: July 1, 2026
Legislative Description
Prescription drugs; require that value of manufacturer copay assistance be applied to reduce patient deductible/out-of-pocket maximum costs.
Last Action
Died In Committee
2/3/2026