Senate Bill 68

Actions
Last Action 02/09/23: to Banking & Insurance (S)
Title AN ACT relating to prescription drugs.
Bill Documents Introduced
Fiscal Impact Statement Health Mandate
Bill Request Number 388
Sponsors S. Meredith, L. Tichenor
Summary of Original Version Amend KRS 304.17A-164 to establish cost-sharing requirements for prescription drugs; require rebates to be passed through; establish confidentiality requirements for the rebate information; create a new section of KRS 365.880 to 365.900 to provide that the actual amount of rebates received is a trade secret; provide that compliance with the prescription drugs cost-sharing and rebate requirements shall not be in violation of the Uniform Trade Secrets Act; create a new section of Subtitle 17C of KRS Chapter 304 to apply the cost-sharing and rebate requirements for prescription drugs to limited health service benefit plans and limited health service contracts; create a new section of Subtitle 38A of KRS Chapter 304 and amend KRS 18A.225 and 164.2871 to require limited health service organizations, the state employee health plan, and self-insured employer group health plans provided by the governing board of a state postsecondary education institution to comply with the cost-sharing and rebate requirements for prescription drugs; apply provisions to health plans issued or renewed on or after January 1, 2024; EFFECTIVE January 1, 2024.
Index Headings of Original Version Health Benefit Mandate - Department of Insurance, commissioner, prescription drug coverage, cost sharing and rebates
Drugs and Medicines - Prescription drug coverage, cost-sharing and rebate requirements
Education, Higher - Self-insured group health plan, prescription drug coverage, cost-sharing and rebate requirements
Effective Dates, Delayed - Prescription drug coverage, cost-sharing and rebate requirements, January 1, 2024
Insurance, Health - Prescription drug coverage, cost-sharing and rebates requirements
Pharmacists - Prescription drug coverage, cost-sharing and rebates requirements
State Agencies - Department of Insurance, commissioner, prescription drug coverage, cost sharing and rebates
State Employees - Health plan, prescription drug coverage, cost-sharing and rebate requirements

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02/07/23
  • introduced in Senate
  • to Committee on Committees (S)
02/09/23
  • to Banking & Insurance (S)


Last updated: 11/9/2023 3:03 PM (EST)