HF 694: Relating to insurance coverage for prescription insulin drugs

What it does

This bill relates to prescription insulin drugs and coverage by policies, contracts, or plans providing for third-party payment or prepayment of health or medical expenses that provide coverage for prescription drugs. The bill requires a policy, contract, or plan providing for third-party payment or prepayment of health or medical expenses that provides coverage for prescription drugs to cap the total amount of cost-sharing that a covered person is required to pay per prescription filled of an insulin drug to an amount not more than $25 for an up to 31-day supply of at least one type of rapid-acting prescription insulin drugs, short-acting prescription insulin drugs, intermediate-acting prescription insulin drugs, or long-acting prescription insulin drugs.

Lobbying · 4 for, 0 against

For: AARP Iowa; American Diabetes Association; Iowa Mental Health Advocacy; Iowa Retired School Personnel Association

In plain words

1. April 10, 2023Filed in the House and sent to the Commerce committee