Reduces copayments and coinsurance for asthma inhalers covered by certain health benefits plans.

This bill reduces the maximum out-of-pocket cost for prescription asthma inhalers under New Jersey-regulated health insurance plans. It limits copayments and coinsurance for a 30-day supply of asthma inhalers to $35, down from the current $50 limit. The policy applies to various health insurance plans including individual and group policies, health maintenance organizations, and state-regulated health benefits plans. It requires these plans to cover asthma inhalers without deductibles and with the new $35 cost-sharing cap. The bill directly affects New Jersey residents with asthma who rely on inhalers and use health insurance plans regulated by the state.