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

This bill reduces the maximum out-of-pocket cost for asthma inhalers under New Jersey health insurance plans from $50 to $35 per 30-day supply. It applies to most health insurance plans sold in New Jersey, including individual and group health insurance, health maintenance organizations, and state employee health benefit plans. The bill requires that coverage for prescribed asthma inhalers not be subject to any deductible, with the $35 limit applying to all covered plans. Insurers can choose to offer lower copayments than the $35 limit. The policy affects all New Jersey residents with health insurance who require asthma inhalers.