Health insurers must follow drug cost review act

Insurance: health insurers; compliance with the prescription drug cost and affordability review act; require. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 3406tt. TIE BAR WITH: SB 0003'25

Engrossed· 2025-04-24

Who's it for

Who's it for: Everyday People

What it means for you

7/10Helps you

Good for everyday people ·

Cost shift

Plain‑English summary, cross‑checked against the official bill text.

If passed, health insurers in Michigan would have to obey the state's prescription drug cost and affordability review rules, which could keep drug prices lower for patients.

Our take

What we think, in plain words.

The bill could protect everyday people by making insurers check drug prices, but it may add paperwork for insurers and could raise premiums if costs rise.

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The facts

What the bill actually says, no spin.

The bill adds section 3406tt to the Michigan insurance code.
It requires health policies with prescription drug coverage to follow section 12 of the drug cost review act.
The bill only takes effect if Senate Bill 3 of the same session becomes law.
It passed the Senate with 20 yeas, 15 nays, 1 excused, and 1 not voting.
Sponsors are three Democratic senators.