Limit on Prescription Costs

On Sept. 26, 2018, Gov. Brown signed AB 2863 into law. The new law, effective Jan. 1, 2019, limits the amount that a health plan participant will pay for a covered prescription at the point of sale at the pharmacy. Specifically, a participant will pay the applicable cost-sharing amount (copayment or coinsurance) or the retail price, whichever is less. A participant cannot be required to pay a cost-sharing amount that exceeds the retail price.

AB 2863 »