Environmental & Healthcare Legislative Watch50 States · D.C. · U.S. Congress
From official state and federal legislative records. Informational only, not legal advice.
Died
This idea didn't make it. It stopped moving and won't become a law this time.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
Requires health insurers & HMOs to provide notice of prescription drug formulary changes within certain timeframe to current & prospective insureds, insureds, prospective subscribers, subscribes & treating physicians; requires insurers & HMOs to maintain record of formulary changes; requires insurers & HMOs to annually submit specified report to OIR by specified date; requires health insurers & HMOs & their pharmacy benefit managers to apply payments of prescription drugs by or on behalf of insureds & subscribers toward total contributions of insureds' & subscribers' cost-sharing requirements under certain circumstances; provides disclosure requirements; requires health insurers & HMOs to keep records of third-party payments for prescription drugs under certain circumstances.
