Assembly Actions - Lowercase Senate Actions - UPPERCASE |
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Jul 22, 2020 | referred to insurance delivered to assembly passed senate ordered to third reading cal.990 |
Jul 20, 2020 | reported and committed to rules |
Apr 29, 2020 | referred to insurance |
senate Bill S8255
Sponsored By
Gustavo Rivera
(D, WF) 33rd Senate District
Archive: Last Bill Status - Passed Senate
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
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Co-Sponsors
David Carlucci
(D) 0 Senate District
James Gaughran
(D) 0 Senate District
Brad Hoylman-Sigal
(D, WF) 47th Senate District
Todd Kaminsky
(D) 0 Senate District
S8255 (ACTIVE) - Details
S8255 (ACTIVE) - Sponsor Memo
BILL NUMBER: S8255 SPONSOR: RIVERA TITLE OF BILL: An act to amend the insurance law, in relation to capping cost sharing for insulin PURPOSE: To reduce the cap on cost sharing for insulin from the current $100 per insulin per month to $30 per insulin per month. SUMMARY OF PROVISIONS: Sections 1 through 3 of the bill amend various sections of insurance law which were amended as part DDD of Chapter 56 of the laws of 2020, the adopted budget, to change the $100 limit on cost sharing for insulin to a $30 limit on cost sharing for insulin. Section 4 of the bill provides for an effective date.
S8255 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8255 I N S E N A T E April 29, 2020 ___________ Introduced by Sens. RIVERA, HOYLMAN, KAMINSKY, KRUEGER, SALAZAR -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance AN ACT to amend the insurance law, in relation to capping cost sharing for insulin THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph (B) of paragraph 15-a of subsection (i) of section 3216 of the insurance law, as amended by section 1 of part DDD of chapter 56 of the laws of 2020, is amended to read as follows: (B) Such coverage may be subject to annual deductibles and coinsurance as may be deemed appropriate by the superintendent and as are consistent with those established for other benefits within a given policy; provided however, the total amount that a covered person is required to pay out of pocket for covered prescription insulin drugs shall be capped at an amount not to exceed [one hundred] THIRTY dollars per thirty-day supply, regardless of the amount or type of insulin needed to fill such covered person's prescription and regardless of the insured's deduct- ible, copayment, coinsurance or any other cost sharing requirement. § 2. Subparagraph (B) of paragraph 7 of subsection (k) of section 3221 of the insurance law, as amended by section 2 of part DDD of chapter 56 of the laws of 2020, is amended to read as follows: (B) Such coverage may be subject to annual deductibles and coinsurance as may be deemed appropriate by the superintendent and as are consistent with those established for other benefits within a given policy; provided however, the total amount that a covered person is required to pay out of pocket for covered prescription insulin drugs shall be capped at an amount not to exceed [one hundred] THIRTY dollars per thirty-day supply, regardless of the amount or type of insulin needed to fill such covered person's prescription and regardless of the insured's deduct- ible, copayment, coinsurance or any other cost sharing requirement. § 3. Paragraph 2 of subsection (u) of section 4303 of the insurance law, as amended by section 3 of part DDD of chapter 56 of the laws of 2020, is amended to read as follows: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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