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Committee adopts amendment to HB 12-16 on copay-accumulator treatment, holds bill for more fiscal data
Summary
The House Industry, Business and Labor Committee adopted an amendment to House Bill 12-16 that removes grandfathered plans from the bill's fiscal note. Members asked the insurance department for more data and held the bill for follow-up.
The House Industry, Business and Labor Committee adopted an amendment to House Bill 12-16 on Tuesday, then held the measure for additional fiscal analysis and information from the state Insurance Department.
Representative Kathy Carls, the bill sponsor, told the committee the amendment removes a "grandfathered" plan from the bill's fiscal note, which she said would reduce a previously estimated biennial fiscal impact that she recalled as about $8 million. Carls said the change targets co-pay accumulator programs that prevent third-party payments from counting toward a patient's…
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