Why This Matters
The Help Ensure Lower Patient Copays Act helps reduce out-of-pocket costs for patients by allowing financial assistance to count towards their health insurance expenses. This means patients can get more help paying for their medical bills and prescriptions.
If you have health insurance, you could pay less out of pocket for your medical expenses with this new assistance.
Affects: Patients who rely on financial assistance for their health care costs.
What changes is this bill making?
1. This bill allows financial assistance to count towards health insurance costs. 2. It includes help from non-profit organizations and drug manufacturers. 3. The changes apply to deductibles, copayments, and coinsurance for health plans. 4. It specifically addresses costs related to prescription drugs. 5. The new rules will start for health plans beginning in 2026.
Who is affected?
Patients who rely on financial assistance for their health care costs.