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SB 267 DE
Became Law

AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE TO ENSURE FAIRNESS IN COST-SHARING FOR PRESCRIPTION DRUGS.

DE · session 151 · Senate · bill

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Introduced Apr 14, 2022

Latest action (Oct 26, 2022) Signed by Governor

Summary

The bill requires that third-party cost-sharing assistance utilized by patients is applied toward the enrollee's health insurance deductibles and any out-of-pocket limits. Additionally, the bill defines what constitutes a “cost-sharing requirement” as well as how to calculate the assistance when applying to patient’s deductibles and out-of-pocket limits. This bill applies to both carriers and pharmacy benefits managers with an effective date of January 1, 2024.

Sponsors (4)

14 coauthors / cosponsors

Action history (9)

  1. Apr 14, 2022 Introduced and Assigned to Banking, Business & Insurance Committee in Senate · upper
  2. May 4, 2022 Reported Out of Committee (Banking, Business & Insurance) in Senate with 1 Favorable, 3 On Its Merits · upper
  3. May 19, 2022 Passed By Senate. Votes: 21 YES · upper
  4. Jun 2, 2022 Assigned to Economic Development/Banking/Insurance & Commerce Committee in House · lower
  5. Jun 14, 2022 Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 2 Favorable, 6 On Its Merits, 1 Unfavorable · lower
  6. Jun 29, 2022 Amendment HA 1 to SB 267 - Passed In House by Voice Vote · lower
  7. Jun 29, 2022 Passed By House. Votes: 40 YES 1 ABSENT · lower
  8. Jun 30, 2022 Passed By Senate. Votes: 21 YES · upper
  9. Oct 26, 2022 Signed by Governor · executive

Full text

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