SB 149 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; 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)
- S. Meredith Republican · primary
- K. Berg Democratic · primary
- R. Girdler Republican · primary
- R. Webb Republican · primary
Action history (3)
- Jan 30, 2024 introduced in Senate · upper
- Jan 30, 2024 to Committee on Committees (S) · upper
- Feb 1, 2024 to Banking & Insurance (S) · upper
Text versions (1)
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