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Committee releases bill aimed at preventing coverage gaps for maintenance medications

Financial Institutions and Insurance Committee · February 12, 2026
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

The Financial Institutions and Insurance Committee amended and released AB434, which would prohibit certain state plans from denying maintenance medications solely because of changes in plan or pharmacy benefit manager. Health-plan representatives sought clarifying amendments to limit the mandate to clinically stabilized patients.

The committee amended and released Assembly Bill 434, which would prohibit the state health benefits program, the school employees health benefits program and Medicaid from denying coverage for maintenance medications for chronic conditions solely because of a change in health…

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