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NY S08367

Bill

Status

Engrossed

6/5/2024

Primary Sponsor

Brad Hoylman-Sigal

Click for details

Origin

Senate

2023-2024 General Assembly

AI Summary

  • Requires all insurance policies providing prescription drug coverage to cover FDA-approved or emergency-authorized antiviral COVID-19 therapeutics when prescribed by licensed healthcare providers, with no annual deductibles or coinsurance.

  • Applies to individual policies, group/blanket policies, and contracts issued by medical expense indemnity corporations, hospital service corporations, and health service corporations in New York.

  • Requires Medicaid (medical assistance) to provide antiviral COVID-19 therapeutics at no cost to enrollees.

  • Allows insurers and programs to require patients to use manufacturer or government programs offering free or reduced-cost antivirals before using insurance coverage.

  • Takes effect January 1 following enactment and applies to all policies and contracts issued, renewed, modified, altered, or amended on or after that date.

Legislative Description

Requires insurance companies, medical expense indemnity corporations, hospital service corporations, health service corporations and medical assistance programs to provide coverage for prescribed antiviral therapeutics approved by the food and drug administration for the treatment of COVID-19 at no cost to the patient.

Last Action

referred to insurance

6/5/2024

Committee Referrals

Insurance6/5/2024
Rules5/28/2024
Insurance1/23/2024

Full Bill Text

No bill text available