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CT HB05361

Bill

Status

Introduced

2/27/2020

Primary Sponsor

Insurance and Real Estate Committee

Click for details

Origin

House of Representatives

2020 General Assembly

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

Committee Referrals

Insurance and Real Estate2/27/2020

Full Bill Text

No bill text available