| 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 |
| 02/07/23 |
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| 02/09/23 |
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Last updated: 11/9/2023 3:03 PM (EST)