Bill Summary
SB 696 Prescription Drug Coverage (2020 Session)
Prescription Drug Coverage; Requiring individual and group health insurers to provide notice of prescription drug formulary changes to current and prospective insureds and the insureds’ treating physicians; specifying requirements for a notice of medical necessity submitted by the treating physician; requiring insurers to apply certain reductions in out-of-pocket expenses for prescription drugs toward an insured’s cost-sharing obligation; requiring health maintenance organizations to provide notice of prescription drug formulary changes to current and prospective subscribers and the subscribers’ treating physicians, etc. Effective Date: 7/1/2020
10/29/19
SENATE
Filed
11/18/19
SENATE
Referred to Banking and Insurance; Health Policy; Appropriations
03/14/20
SENATE
Indefinitely postponed and withdrawn from consideration
03/14/20
SENATE
Died in Banking and Insurance
No amendments to this bill text filed.
627.42394
627.6404
627.64742
627.6699
641.31
641.3157
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