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Subcommittee adopts bill to block accumulator schemes and protect patient assistance funds

2691825 · March 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

House Bill 870 would prohibit entities from restricting patient assistance program funds from applying to a patient's deductible and out-of-pocket expenses and would address an IRS issue related to health savings accounts. The subcommittee approved the bill and sent it to the full Insurance Committee.

The Insurance Subcommittee on Wednesday approved House Bill 870, which would prohibit entities from using patient assistance programs — sometimes described as maximizers, accumulators, optimizers or alternate funding programs — to prevent patient…

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