KY SB149 | 2024 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on January 30 2024 - 25% progression, died in committee
Action: 2024-02-01 - to Banking & Insurance (S)
Pending: Senate Banking and Insurance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 30 2024 - 25% progression, died in committee
Action: 2024-02-01 - to Banking & Insurance (S)
Pending: Senate Banking and Insurance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
AN ACT relating to prescription drugs.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2024-02-01 | Senate | to Banking & Insurance (S) |
2024-01-30 | Senate | to Committee on Committees (S) |
2024-01-30 | Senate | introduced in Senate |
Subjects
Actuarial Analysis
Drugs and Medicines
Education, Higher
Effective Dates, Delayed
Health Benefit Mandate
Insurance, Health
Local Mandate
Pharmacists
State Agencies
State Employees
Drugs and Medicines
Education, Higher
Effective Dates, Delayed
Health Benefit Mandate
Insurance, Health
Local Mandate
Pharmacists
State Agencies
State Employees