Bill Summary
HB 899 Insurer Disclosures on Prescription Drug Coverage (2025 Session)
Insurer Disclosures on Prescription Drug Coverage: Requires health insurers & HMOs to provide notice of prescription drug formulary changes within certain timeframe to current & prospective insureds, insureds, prospective subscribers, subscribes & treating physicians; requires insurers & HMOs to maintain record of formulary changes; requires insurers & HMOs to annually submit specified report to OIR by specified date; requires health insurers & HMOs & their pharmacy benefit managers to apply payments of prescription drugs by or on behalf of insureds & subscribers toward total contributions of insureds' & subscribers’ cost-sharing requirements under certain circumstances; provides disclosure requirements; requires health insurers & HMOs to keep records of third-party payments for prescription drugs under certain circumstances. Effective Date: July 1, 2025
02/21/25
HOUSE
Filed
03/02/25
HOUSE
Referred to Health Care Facilities & Systems Subcommittee; Insurance & Banking Subcommittee; Health & Human Services Committee
03/02/25
HOUSE
Now in Health Care Facilities & Systems Subcommittee
03/31/25
HOUSE
On Committee agenda - Health Care Facilities & Systems Subcommittee, 04/02/25, 2:00 pm, 404 H
No amendments to this bill text filed.
409.967
627.42394
627.6383
627.6385
627.64741
627.65715
627.6572
627.6699
641.185
641.31
641.314
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- Health Care Facilities & Systems Subcommittee
April 2, 2025 - Room 404 H
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