| Last Action | 02/01/24: to Banking & Insurance (S) |
|---|---|
| Title | AN ACT relating to prescription drugs. |
| Bill Documents | Introduced |
| Fiscal Impact Statements |
Actuarial Analysis
Health Mandate Local Mandate |
| Bill Request Number | 1495 |
| Sponsors | S. Meredith, K. Berg, R. Girdler, R. Webb |
| 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; amend KRS 304.17C-125, 304.38A-115, 18A.225, and 164.2871 to apply the cost-sharing and rebate requirements for prescription drugs to limited health service benefit plans, 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; repeal KRS 304.38A-120, relating to assignment of certain benefits under limited health service organization plans, to consolidate like provisions; apply provisions to health plans issued or renewed on or after January 1, 2025; EFFECTIVE January 1, 2025. |
| Index Headings of Original Version |
Local Mandate - Prescription drug coverage, cost-sharing and rebates requirements Actuarial Analysis - Health plan, prescription drug coverage, cost-sharing and rebate requirements Health Benefit Mandate - Health plan, prescription drug coverage, cost-sharing and rebate requirements 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, 2025 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 |
| 01/30/24 |
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| 02/01/24 |
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Last updated: 4/22/2024 3:57 PM (EDT)