This bill establishes provisions for insurance and Medicaid coverage of annual lung cancer screenings for at-risk individuals in Iowa. It defines "at-risk individual" as a person aged 40 or older who has either smoked regularly, been exposed to secondhand smoke, has a family history of lung cancer, or has been exposed to harmful substances such as asbestos or radon. The bill mandates that the Department of Health and Human Services seek a federal waiver to allow Medicaid to cover these screenings, which will take effect immediately upon approval.

Additionally, the bill requires that health insurance policies provide coverage for annual lung cancer screenings without imposing any cost-sharing on the insured individuals. It specifies that this coverage must be at least as favorable as that provided for screening mammograms. The bill outlines the types of insurance policies that must comply with these requirements and excludes certain specialized health-related insurance from these mandates. The Commissioner of Insurance is authorized to adopt rules to facilitate the implementation of this legislation.