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SB 914

Insurance: health benefits; application of amount paid by the insured or other certain parties when calculating the insured’s co-pay for a prescription drug; require under certain conditions. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 3406nn.

2025-2026 Regular Session Introduced by Rosemary Bayer and 4 co-sponsors

SB 914 requires insurers to count amounts paid by enrollees or others toward out-of-pocket maximums and cost-sharing for prescription drugs, with HDHPs preserving HSA eligibility.

REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
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