HOUSE DOCKET, NO. 1140 FILED ON: 1/15/2019
HOUSE . . . . . . . . . . . . . . . No. 926
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The Commonwealth of Massachusetts
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PRESENTED BY:
Daniel Cahill
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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.
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PETITION OF:
Name: | District/Address: | Date Added: |
Daniel Cahill | 10th Essex | 1/15/2019 |
HOUSE DOCKET, NO. 1140 FILED ON: 1/15/2019
HOUSE . . . . . . . . . . . . . . . No. 926
By Mr. Cahill of Lynn, a petition (accompanied by bill, House, No. 926) of Daniel Cahill relative to the calculation of overall contributions to certain healthcare out-of-pocket maximums, deductibles, copayments, coinsurance, or other cost-sharing requirements. Financial Services. |
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-First General Court
(2019-2020)
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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, as appearing in the 2016 Official Edition, 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.