This bill amends the Michigan Insurance Code of 1956 by adding a new section, 3406tt, which mandates that any insurer providing health insurance policies with prescription drug coverage must comply with section 12 of the Prescription Drug Cost and Affordability Review Act. This addition aims to ensure that health insurance policies in Michigan adhere to regulations that promote the affordability and accessibility of prescription medications for policyholders.

Furthermore, the bill specifies that it will not take effect unless certain other legislative bills, specifically Senate Bill No. ____ and House Bill No. 4544, are enacted into law. This conditional enactment underscores the interconnected nature of legislative measures concerning health insurance and prescription drug costs in the state.

Statutes affected:
House Introduced Bill: 500.100, 500.8302