LD 2096 LR 3128(05)
An Act To Save Lives by Capping the Out-of-pocket Cost of Certain Medications
Fiscal Note for Bill as Engrossed with:
C "A" (H-772)
H "A" (H-778) to C "A" (H-772)
Committee: Health Coverage, Insurance and Financial Services
Fiscal Note
Minor cost increase - All funds
Fiscal Detail and Notes
The bill provides that a health insurance carrier may not impose a cost-sharing requirement in excess of $35 for insulin drugs for a 30 day supply. The Maine State Employee Health Plan has indicated that it does not anticipate a significant increase in costs as a result of this cost-sharing limit given the amounts that are currently charged. Any costs, which are expected to be minor, would likely be reflected through increased premium amounts in future fiscal years.
Additional costs to the Department of Professional and Financial Regulation and the Maine Board of Pharmacy associated with the rulemaking process can be absorbed within existing budgeted resources.