state_legiscan_drain · CA
Prescription drug cost sharing.
February 19, 2026
Summary
If enacted, this bill would require health care service plans and health insurers to cap out-of-pocket costs for prescription drugs, limiting cost sharing for a 30-day supply to $250 and ensuring deductibles apply to the annual out-of-pocket maximum. It would reduce financial burden for consumers with high drug costs but does not directly affect mortgage lending or related financial services.
AI-generated summary · Jun 8, 2026. Verify with your compliance counsel before acting.
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Source: https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB1199
Common questions
- What does "Prescription drug cost sharing." cover?
- If enacted, this bill would require health care service plans and health insurers to cap out-of-pocket costs for prescription drugs, limiting cost sharing…
- When was it published?
- It was published on February 19, 2026.