SB 1010 Summary

• Prohibits health insurers, HMOs, and health plans from charging higher copayments, deductibles, coinsurance, or similar charges for nonpreferred prescription drugs compared to preferred prescription drugs, effective January 1, 2014

• Applies restrictions to individual health insurance coverage under section 627.6487, standard and basic health benefit plans under section 627.6699, and health maintenance contracts under section 641.31

• Requires the Agency for Health Care Administration and Office of Insurance Regulation to study the effects of the restrictions on health care access, patient care, and fiscal impacts to insurers, managed care organizations, policyholders, and subscribers

• Study report must be submitted to the Governor and Legislature by March 1, 2015

• Restrictions on individual coverage expire July 1, 2015; restrictions on group plans expire December 31, 2015; study requirement expires July 1, 2015