Loading chat...
CT HB05361
Bill
Status
2/27/2020
Primary Sponsor
Insurance and Real Estate Committee
Click for details
AI Summary
-
Effective January 1, 2021, health carriers offering pharmacy benefits in Connecticut are generally prohibited from removing prescription drugs from formularies or moving drugs to higher cost-sharing tiers during a plan year.
-
Health carriers may remove a drug from formulary with 90 days' advance notice to the covered person and treating physician if the FDA issues a safety warning unless the physician certifies in writing that the drug remains medically necessary, or if the drug becomes available over-the-counter.
-
Health carriers may move a brand-name drug to a higher cost-sharing tier if they simultaneously add a generic alternative to a lower cost-sharing tier.
-
The prohibition on mid-year formulary changes does not apply if the current cost-sharing requirement is $40 or less per prescription per month across all tiers.
-
Health carriers may add new drugs to formularies at any time during the plan year.
Legislative Description
An Act Limiting Changes To Prescription Drug Formularies And Lists Of Covered Drugs.
Last Action
Joint Favorable
3/10/2020