Michigan § 550.2005 Brand name drug; copayment.

Michigan Statutes

§ 550.2005 — Brand name drug; copayment.

Michigan § 550.2005

Ch. 550GENERAL INSURANCE LAWS

Act 499 of 2000ELDER PRESCRIPTION INSURANCE COVERAGE ACT (550.2001-550.2009)

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Bluebook

Mich. Comp. Laws § 550.2005 (2026).

Text

ELDER PRESCRIPTION INSURANCE COVERAGE ACT (EXCERPT) Act 499 of 2000 550.2005 Brand name drug; copayment. Sec.

5.Except as otherwise specified in this section, if an enrollee chooses to have a prescription filled with a brand name drug when a recognized generic drug is available, a copayment is required. For the initial year of operation, the copayment amount is $15.00. For subsequent years, the amount of a copayment applied under this section may be established by the legislature. Nothing in this section shall be construed as allowing therapeutic substitution. The department shall develop a mechanism, with the advice of the advisory committee established in section 7, that will specify when drugs should be dispensed as written and not subject to the $15.00 copayment. These recommendations

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ELDER PRESCRIPTION INSURANCE COVERAGE ACT (EXCERPT) Act 499 of 2000 550.2005 Brand name drug; copayment. Sec. 5. Except as otherwise specified in this section, if an enrollee chooses to have a prescription filled with a brand name drug when a recognized generic drug is available, a copayment is required. For the initial year of operation, the copayment amount is $15.00. For subsequent years, the amount of a copayment applied under this section may be established by the legislature. Nothing in this section shall be construed as allowing therapeutic substitution. The department shall develop a mechanism, with the advice of the advisory committee established in section 7, that will specify when drugs should be dispensed as written and not subject to the $15.00 copayment. These recommendations shall be presented to the senate and house of representatives appropriations committees not later than September 1, 2001.