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SB 149 KY
Introduced

AN ACT relating to prescription drugs.

KY · session 2024RS · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 30, 2024

Latest action (Feb 1, 2024) to Banking & Insurance (S)

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; amend KRS 304.17C-125, 304.38A-115, 18A.225, and 164.2871 to apply the cost-sharing and rebate requirements for prescription drugs to limited health service benefit plans, 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; repeal KRS 304.38A-120, relating to assignment of certain benefits under limited health service organization plans, to consolidate like provisions; apply provisions to health plans issued or renewed on or after January 1, 2025; EFFECTIVE January 1, 2025.

Sponsors (4)

Action history (3)

  1. Jan 30, 2024 introduced in Senate · upper
  2. Jan 30, 2024 to Committee on Committees (S) · upper
  3. Feb 1, 2024 to Banking & Insurance (S) · upper
Subjects
Actuarial AnalysisDrugs and MedicinesEducation, HigherEffective Dates, DelayedHealth Benefit MandateInsurance, HealthLocal MandatePharmacistsState AgenciesState Employees

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced · PDF

Full text

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