SB 88 IN

0likes☆Favorite🔕SubscribeShare

Passed One Chamber

Provides that, for individual health insurance coverage, the defined cost sharing for a prescription drug be calculated at the point of sale and based on a price that is reduced by an amount equal to at least 85% of all rebates received by the insurer in connection with the dispensing or administration of the prescription drug. Requires that, for group health insurance coverage, an insurer: (1) pass through to a plan sponsor 100% of all rebates received or estimated to be received by the insurer concerning the dispensing or administration of prescription drugs to the covered individuals of the plan sponsor; (2) provide a plan sponsor, at the time of contracting, the option of calculating defined cost sharing for covered individuals of the plan sponsor at the point of sale based on a price that is reduced by some or all of the rebates received or estimated to be received by the insurer concerning the dispensing or administration of the prescription drug; and (3) disclose specified information to the plan sponsor. Allows the department of insurance to enforce the provisions and impose a civil penalty.

• Ed Charbonneau Republican · author
• Vaneta Becker Republican · author
• Brad Barrett Republican · sponsor

1. Jan 4, 2022 Authored by Senator Charbonneau · upper
2. Jan 4, 2022 First reading: referred to Committee on Health and Provider Services · upper
3. Jan 6, 2022 Senator Becker added as second author · upper
4. Jan 18, 2022 Senator Ford J.D. added as coauthor · upper
5. Jan 20, 2022 Committee report: do pass, adopted · upper
6. Jan 27, 2022 Amendment #6 (Charbonneau) prevailed; voice vote · upper
7. Jan 27, 2022 Second reading: amended, ordered engrossed · upper
8. Jan 31, 2022 Third reading: passed; Roll Call 102: yeas 31, nays 18 · upper
9. Jan 31, 2022 House sponsor: Representative Barrett · upper
10. Jan 31, 2022 Cosponsor: Representative Vermilion A · upper
11. Jan 31, 2022 Senator Bohacek added as coauthor · upper
12. Feb 1, 2022 Referred to the House · upper
13. Feb 7, 2022 First reading: referred to Committee on Financial Institutions and Insurance · lower
14. Feb 10, 2022 Representative Shackleford added as cosponsor · lower

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.

• Engrossed Senate Bill (S) · Jan 27, 2022 · PDF
• Introduced Senate Bill (S) · Dec 27, 2021 · PDF
• Senate Bill (S) · Jan 20, 2022 · PDF