arrow_back Back to App

Cancer Drug Parity Act: Equalizing Patient Costs for Oral and IV Cancer Treatments.

This law mandates that group health plans must treat cost-sharing for prescribed oral cancer medications no less favorably than for cancer drugs administered intravenously or by injection by a healthcare provider. This aims to reduce financial barriers, ensuring patients do not face higher deductibles or copayments simply because their treatment is taken in pill form at home. The goal is to improve access to convenient, patient-administered cancer therapies.
Key points
Group health plans must ensure out-of-pocket costs for oral cancer drugs are equal to or lower than costs for IV or injected cancer drugs.
The rule applies to group health plans starting with plan years on or after January 1, 2024.
Insurance plans are prohibited from increasing overall cancer drug costs or reclassifying benefits to circumvent this parity requirement.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_S_2039
Sponsor: Sen. Smith, Tina [D-MN]
Process start date: 2023-06-15