This bill amends New Hampshire's insurance laws by introducing a new section, RSA 415:18-ff, which mandates that insurers apply any amounts paid by third parties, including independent charities, towards an enrollee's cost-sharing requirements for prescription drugs. However, this requirement does not apply to covered prescription drugs that have a generic alternative or an interchangeable biological product. The bill aims to alleviate the financial burden on consumers by ensuring that assistance payments are counted towards their out-of-pocket costs, thereby making high-cost prescription drugs more affordable.

Additionally, the bill outlines that if the assistance payment is not processed at the point of sale, insurers may require pharmacies to disclose specific information about the payment to the insurer. It also exempts high-deductible health plans from these provisions until the enrollee meets the minimum deductible. The bill is set to take effect on January 1, 2026, and while it does not provide funding or authorize new positions, it may have indeterminable fiscal impacts on state and local revenues and expenditures due to potential changes in health insurance premiums.

Statutes affected:
As Amended by the Senate: 415:18