HB 177 will ensure ALL payments made by or on the behalf of patients, are applied to the patients’ deductible and out-of-pocket maximums. The legislation does not interfere with health insurance policies to save money by requiring the use of generic medications.
Health insurers argue that co-pay accumulator adjustment bans will cause a rise in insurance premiums. While co-pay accumulator mandates have been in effect in Ohio for several years now, health insurance premiums have still risen and out-of-pocket expenses for patients have exploded. A significant amount of research for the 20 states and Puerto Rico with bans show that copay accumulator bans HAVE NOT INCREASED PREMIUMS.
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