Rhonda Fields voted Yea (Passage With Amendment) on this Legislation.
Title: Amends Various Requirements of Health Care Products
Signed by Governor Jared Polis
Title: Amends Various Requirements of Health Care Products
Vote to concur with senate amendments and pass a bill that amends various requirements for health care products.
Requires inclusion of copayment-only prescription payment structures in health benefit plans (Page 1).
Prohibits modification of prescription drug formularies (Page 2).
Specifies rules for grant or denial of step therapy exception requests (Page 6).
Requires health insurers to “ensure that one hundred percent of discounts received or to be received from a manufacturer in connection with dispensing or administering prescription drugs included in the health insurer’s formulary, as demonstrated in the health insurer’s rate filing pursuant to Section 10-16-107, for that plan year are used to reduce costs” (Page 11).
Requires additional measures to reduce prescription drug costs (Page 11).
Title: Amends Various Requirements of Health Care Products
Vote to amend and pass a bill that amends various requirements for health care products.
Requires inclusion of copayment-only prescription payment structures in health benefit plans (Page 1).
Prohibits modification of prescription drug formularies (Page 2).
Specifies rules for grant or denial of step therapy exception requests (Page 6).
Requires health insurers to “ensure that one hundred percent of discounts received or to be received from a manufacturer in connection with dispensing or administering prescription drugs included in the health insurer’s formulary, as demonstrated in the health insurer’s rate filing pursuant to Section 10-16-107, for that plan year are used to reduce costs” (Page 11).
Requires additional measures to reduce prescription drug costs (Page 11).
Title: Amends Various Requirements of Health Care Products
Title: Amends Various Requirements of Health Care Products