Require Health Insurance Carriers and Pharmacy Benefits Managers To Appropriately Account for Cost-sharing Amounts Paid on Behalf of Insureds

Last updated: Dec 13, 2021

Details about this bill
Category: Pharmacy Related
Status: In Committee
Sponsor: Senator Heather Sanborn, Senate 28 - Cumberland County
Session: 130
Bill #: LD 1783

Position:

Monitoring.

Summary:

This bill requires health insurance carriers and their pharmacy benefits managers to include cost-sharing amounts paid on behalf of an insured when calculating the insured's contribution to any out-of-pocket maximum, deductible or copayment when a drug does not have an alternative equivalent or was obtained through prior authorization, a step therapy override exception or an exception or appeal process. The bill’s requirements apply to prescription drug benefits provided pursuant to a contract or policy of insurance by a carrier or a pharmacy benefits manager on behalf of a carrier on or after January 1, 2023.