Insurance: health insurers; compliance with the prescription drug cost and affordability review act; require. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 3406tt. TIE BAR WITH: HB 4544'25

HB 4546 requires health insurers in Michigan providing prescription drug coverage to comply with Section 12 of the Prescription Drug Cost and Affordability Review Act. This bill directly affects health insurance companies operating in Michigan that offer prescription drug benefits. The key provision mandates these insurers to follow specific cost and affordability review requirements already established under the Review Act. The bill is tied to companion legislation (HB 4544) and is currently pending in the House Committee on Government Operations.