Reduces copayments and coinsurance for asthma inhalers covered by certain health benefits plans.
The bill amends existing laws to reduce the out-of-pocket contribution for prescription asthma inhalers. It mandates that certain health insurance plans and contracts cover expenses for prescription asthma inhalers with a maximum copayment or coinsurance of $35 per 30-day supply. This applies to individual and group health insurance policies, health service corporations, and health maintenance organizations. The changes do not affect deductibles and allow plans to still qualify for certain federal tax benefits.
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