HOUSE DOCKET, NO. 914        FILED ON: 1/15/2019

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 898

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

James Arciero

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to consumer deductibles.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

James Arciero

2nd Middlesex

1/14/2019


HOUSE DOCKET, NO. 914        FILED ON: 1/15/2019

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 898

By Mr. Arciero of Westford, a petition (accompanied by bill, House, No. 898) of James Arciero relative to the cost of prescription drugs.  Financial Services.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-First General Court
(2019-2020)

_______________

 

An Act relative to consumer deductibles.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1.  Chapter 176O of the General Laws is hereby amended by inserting after section 27 the following section:-

Section 28. (a) When calculating an insured’s overall contribution to any out-of-pocket maximum, deductible, copayment, coinsurance, or other cost-sharing requirement, a carrier shall include third-party payments, financial assistance, discount, product vouchers, or any other reduction in out-of-pocket expenses made by or on behalf of such insured for prescription drugs toward a covered individual’s deductible, copay, or cost-sharing responsibility, or out-of-pocket maximum associated with the individual’s health insurance.

(b) The Commission may promulgate such rules and regulations as it may deem necessary to implement this section