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CT SB00379
Bill
Status
3/1/2018
Primary Sponsor
Insurance and Real Estate Committee
Click for details
AI Summary
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Prohibits individual and group health insurance policies from removing covered prescription drugs from formularies or moving them to higher cost-sharing tiers during a policy term, effective January 1, 2019.
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Applies only to policies imposing more than $40 in coinsurance, copayment, deductible, or other out-of-pocket expenses for covered prescription drugs.
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Allows drug removal only if the drug is not medically necessary (with 60 days' advance notice and prescriber agreement) or is identified as unsafe/ineffective by the FDA or peer-reviewed medical literature.
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Permits health insurers to add new drugs to formularies during the policy term without affecting existing covered drugs or their cost-sharing classifications.
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Amends sections 38a-492f (individual policies) and 38a-518f (group policies) of the Connecticut General Statutes.
Legislative Description
An Act Limiting Changes To Health Insurers' Prescription Drug Formularies.
Last Action
File Number 575
4/18/2018