PAN submits testimony to Maryland House Health and Government Operations Committee on HB 1246 to make all copays count
The PAN Foundation submitted testimony to the Maryland House Health and Government Operations Committee urging them to adopt HB 1246, and to remove Section 1.(c) that requires unnecessary notification requirements.
HB 1246 importantly requires health plans to count the value of copay assistance toward patient cost-sharing requirements. Adoption of the bill would bring much-needed relief to financially vulnerable individuals by ensuring that all payments—whether they come directly out of a patient’s pocket or with the help of copay assistance—count towards their out-of-pocket costs.
Twenty-one states, DC, and Puerto Rico have already acted to protect patients. These states have used their authority to block accumulator adjustor policies in state exchanges and certain private health insurance plans they regulate.