This bill requires Medicaid to cover expenses for self-administered hormonal contraceptives, which include oral contraceptives, transdermal patches, and vaginal rings, when prescribed under a "standing order" that allows pharmacists to dispense these medications without an individual prescription. The bill amends existing Medicaid provisions to ensure that this coverage is included as an authorized service, stipulating that providers cannot charge recipients additional fees for these services. This initiative aims to improve access to contraceptive options for Medicaid beneficiaries, thereby promoting reproductive health and autonomy.

Furthermore, the bill mandates the Commissioner of Human Services to apply for any necessary state plan amendments or waivers to secure federal financial participation in the related Medicaid expenditures. The Commissioner is also responsible for adopting the necessary rules and regulations to implement the bill's provisions. The bill is designed to take effect immediately upon passage, ensuring that eligible individuals can promptly access self-administered hormonal contraceptives.