2025 House Bill 4546

Insurance: health insurers; compliance with the prescription drug cost and affordability review act; require.

A bill to amend 1956 PA 218, entitled “The insurance code of 1956,” (MCL 500.100 to 500.8302) by adding section 3406tt.

AI Analysis – Experimental

House Bills 4544-46 establish a Prescription Drug Affordability Board and Stakeholder Council in Michigan to review high-cost prescription drugs, set upper payment limits when necessary, and promote transparency and affordability in drug pricing.