SB914 — 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.

SB914 — 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. · Informed CitizenryThis bill amends the Insurance Code of 1956 to change how health insurance plans calculate an individual's out-of-pocket costs for prescription drugs. For both standard health plans and high-deduct…Open in Informed Citizenry