HB18-1284

HB18-1284 - Disclosure Of Prescription Costs At Pharmacies

Passed/Signed into Law
Concerning the cost of prescription drugs purchased at a pharmacy.

The bill enacts the 'Patient Drug Costs Savings Act' (act). The act prohibits a carrier that has a contract with a pharmacy or pharmacist, or a pharmacy benefit management firm acting on behalf of a carrier, from:

 

  • Prohibiting a pharmacy or pharmacist from, or penalizing a pharmacy or pharmacist for, providing a covered person information on the amount of the covered person's cost share for the covered person's prescription drug and the clinical efficacy of any more affordable alternative drugs that are therapeutically equivalent; or
  • Requiring a pharmacy to charge or collect a copayment from a covered person that exceeds the total submitted charges by the network pharmacy.

The act requires the commissioner of insurance to act when the commissioner determines that a carrier or pharmacy benefit management firm has not complied with the above prohibitions.

(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

 

Latest update: April 30, 2018
04/30/2018 - Governor Signed
04/26/2018 - Sent to the Governor
04/26/2018 - Signed by the President of the Senate
04/26/2018 - Signed by the Speaker of the House
04/19/2018 - Senate Third Reading Passed - No Amendments
04/18/2018 - Senate Second Reading Passed - No Amendments
04/12/2018 - Senate Committee on Health & Human Services Refer Unamended to Senate Committee of the Whole
04/05/2018 - Introduced In Senate - Assigned to Health & Human Services
04/05/2018 - House Third Reading Passed - No Amendments
04/04/2018 - House Second Reading Passed - No Amendments
03/29/2018 - House Committee on Health, Insurance, & Environment Refer Unamended to House Committee of the Whole
03/08/2018 - Introduced In House - Assigned to Health, Insurance, & Environment