Legislation

Title: Health Benefit Plans - Prescription Drugs - Rebates and Calculation of Cost Sharing Requirements
Sponsored by: Senator A. Washington
Status: In the Senate - Hearing 3/13 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Requiring that the calculation of an enrollee's contribution to a cost sharing requirement for a prescription drug be based on the list price of the drug reduced by at least 85% of the total amount of rebates received or expected to be received by the carrier or pharmacy benefits manager for the dispensing or administration of the prescription drug; and prohibiting the disclosure of certain information concerning rebates.

Committees

Original:: Finance Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB1270

Bill File Type: Regular

Effective Date(s): January 1, 2025

History

Legislation History
Chamber Senate Calendar Date 2/02/2024 Legislative Date 2/02/2024 Action First Reading Finance Proceedings
Chamber Senate Calendar Date 2/06/2024 Legislative Date 2/06/2024 Action Hearing 3/13 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Health Benefit Plans - Prescription Drugs - Rebates and Calculation of Cost Sharing Requirements Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/02/2024	2/02/2024	First Reading Finance
Senate	2/06/2024	2/06/2024	Hearing 3/13 at 1:00 p.m.
			Text - First - Health Benefit Plans - Prescription Drugs - Rebates and Calculation of Cost Sharing Requirements

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Statutes