Pennsylvania HB2652 provides for prescription drug cost credits in health insurance and imposes penalties for non-compliance.

HB2652 amends Title 40 of the Pennsylvania Consolidated Statutes to introduce a chapter on prescription drug cost credits in health insurance. It mandates that prescription drug coverage administrators credit covered persons for out-of-pocket expenses incurred on prescription drugs purchased directly from a pharmacy or through a discount drug purchasing entity. The credit applies to the covered person's in-network out-of-pocket maximum for the plan year.

Pennsylvania HB2652 provides for prescription drug cost credits in health insurance and imposes penalties for non-compliance.

HB2652 amends Title 40 of the Pennsylvania Consolidated Statutes to introduce a chapter on prescription drug cost credits in health insurance. It mandates that prescription drug coverage administrators credit covered persons for out-of-pocket expenses incurred on prescription drugs purchased directly from a pharmacy or through a discount drug purchasing entity. The credit applies to the covered person's in-network out-of-pocket maximum for the plan year.