SB 134 KY Introduced
AN ACT relating to prescription drugs.
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Summary
Amend KRS 304.17A-164 to establish cost-sharing requirements for prescription drugs; require rebates to be passed through; establish confidentiality requirements for the rebate information; create a new section of KRS 365.880 to 365.900 to provide that the actual amount of rebates received is a trade secret; provide that compliance with the prescription drugs cost-sharing and rebate requirements shall not be in violation of the Uniform Trade Secrets Act; create a new section of Subtitle 17C of KRS Chapter 304 to apply the cost-sharing and rebate requirements for prescription drugs to limited health service benefit plans and limited health service contracts; create a new section of Subtitle 38A of KRS Chapter 304 and amend KRS 18A.225 and 164.2871 to require limited health service organizations, the state employee health plan, and self-insured employer group health plans provided by the governing board of a state postsecondary education institution to comply with the cost-sharing and rebate requirements for prescription drugs; apply to health plans issued or renewed on or after the effective date of the Act; EFFECTIVE January 1, 2023.
Sponsors (3)
- S. Meredith Republican · primary
- R. Alvarado · primary
- D. Carroll Republican · primary
Action history (3)
- Feb 2, 2022 introduced in Senate · upper
- Feb 2, 2022 to Committee on Committees (S) · upper
- Feb 7, 2022 to Banking & Insurance (S) · upper
Text versions (1)
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