KY HB457 | 2022 | Regular Session

Status

Spectrum: Strong Partisan Bill (Republican 51-5)
Status: Engrossed on March 21 2022 - 50% progression, died in committee
Action: 2022-03-22 - to Appropriations & Revenue (S)
Pending: Senate Appropriations and Revenue Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Amend KRS 304.17A-164 to prohibit insurers, pharmacy benefit managers, and other administrators of pharmacy benefits from imposing certain requirements on health plan insureds; create new sections of Subtitle 17A of KRS Chapter 304 to establish definitions for pharmacy-related insurance practices; require pharmacy benefit managers to establish reasonably adequate and accessible pharmacy networks; require pharmacy benefit managers to file, and the insurance commissioner to review, an annual report describing pharmacy networks; provide that information and data acquired by the Department of Insurance shall be considered proprietary and not subject to disclosure under KRS 61.870 to 61.884; establish requirements for certain contracts between a pharmacy or pharmacist and a pharmacy benefit manager; establish prohibited practices for pharmacy benefit managers; establish certain requirements for insurers and pharmacy benefit managers contracting for the provision of pharmacy benefit management services; prohibit administrators from offering any incentive or discount for use of an affiliated pharmacy benefit manager; establish a Pharmacy Benefits Management Advisory Council; create a new section of Subtitle 99 of KRS Chapter 304 to authorize the insurance commissioner to order reimbursement to persons who incurred a monetary loss as a result of a violation of provisions of legislation; amend KRS 304.9-054 to make technical changes; authorize the promulgation of administrative regulations; require pharmacy benefit managers to report certain information to the insurance commissioner; provide that certain reported information shall not be subject to disclosure under KRS 61.870 to 61.884; amend KRS 304.17A-708, 304.17A-712, and 304.17A-714 to conform; create a new section of Subtitle 17C of KRS Chapter 304 to apply provisions of legislation to limited health service benefit plans, including limited health service contracts; create a new section of Subtitle 38A of KRS Chapter 304 to apply provisions of legislation to limited health service organizations; amend 18A.225 to require the state employee health plan to comply with provisions of legislation; amend KRS 367.828 to establish certain requirements for the health discount plans that purport to offer discounts, or access to discounts, on prescription drugs; provide for staggered appointments to the Pharmacy Benefits Management Advisory Council; provide that provisions of this Act shall be severable; require the insurance commissioner to promulgate regulations to implement the Act on or before January 1, 2023; EFFECTIVE, in part, January 1, 2023.

Tracking Information

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Title

AN ACT relating to pharmacy or pharmacist services.

Sponsors


Roll Calls

2022-03-21 - House - House: Third Reading RCS# 350 (Y: 88 N: 3 NV: 0 Abs: 9) [PASS]

History

DateChamberAction
2022-03-22Senateto Appropriations & Revenue (S)
2022-03-21Senateto Committee on Committees (S)
2022-03-21Senatereceived in Senate
2022-03-21House3rd reading, passed 88-3 with Committee Substitute (1)
2022-03-16Houseposted for passage in the Regular Orders of the Day for Thursday, March 17, 2022
2022-03-11House2nd reading, to Rules
2022-03-10Housereported favorably, 1st reading, to Calendar with Committee Substitute (1)
2022-03-09Houseto Health & Family Services (H)
2022-02-07Houseto Committee on Committees (H)
2022-02-07Houseintroduced in House

Subjects


Kentucky State Sources


Bill Comments

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