2026 Senate Bill 914

Insurance: health benefits; application of amount paid by the insured or other certain parties when calculating the insured's co-pay for a prescription drug; require under certain conditions.

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

Official record

AI Analysis – Experimental

Requires Michigan health insurance policies to count payments made by or on behalf of enrollees toward out-of-pocket maximums and cost-sharing for prescription drugs, with specific provisions for high deductible plans and compliance with federal law, effective for policies issued or renewed after December 31, 2025.

Introduced in the Senate

April 22, 2026

Introduced by Sen. Stephanie Chang (D-3) and four co-sponsors

Co-sponsored by Sens. Rosemary Bayer (D-13), Jeff Irwin (D-15), Erika Geiss (D-1) and Mallory McMorrow (D-8)

Referred to the Committee on Finance, Insurance, and Consumer Protection