An Act amending Title 40 (Insurance) of the Pennsylvania Consolidated Statutes, providing for prescription drug cost credits in health insurance; and imposing penalties.
Take action
Record your position on this measure.
Create an account to take a stance, submit a written position, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill amends Pennsylvania’s Unfair Trade Practices and Consumer Protection Law to create prescription drug cost credits for health insurance consumers. It defines ‘unfair methods of competition’ and ‘unfair or deceptive acts or practices’ to include specific actions related to misleading advertising and pricing. The bill also establishes penalties for violations and grants the Insurance Department concurrent jurisdiction to enforce certain provisions, particularly those related to health insurance policies.
Key provisions
- Defines ‘unfair methods of competition’ and ‘unfair or deceptive acts or practices’ with expanded categories.
- Establishes a process for health insurance companies to provide prescription drug cost credits to consumers.
- Creates penalties for violations of the Unfair Trade Practices and Consumer Protection Law.
- Grants the Insurance Department concurrent jurisdiction over certain provisions related to health insurance.
- Includes a provision addressing health savings accounts and their potential impact on federal tax law.
- Specifies requirements for telemarketing advertisements regarding prescription drugs.
- Addresses rustproofing of new motor vehicles sold by dealers.
Who is affected
- Pennsylvania residents who obtain health insurance coverage.
- Health insurance companies operating in Pennsylvania.
- Pharmaceutical manufacturers.
Bill text
Read the latest version inline or switch to a previous version.
Document of record
- Version
- Pn 2917 Html
- Published
- Not published in the source record
This version is published only as a document. Open the viewer to read it here, or download the file.
Sponsors
Official sponsors from legislative records.
9 on record
Primary sponsor
Cosponsors
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours