|SB 0194||Prohibits health carriers from changing conditions of their drug formulary during contract periods|
|LR Number:||0793S.01I||Fiscal Note:||0793-01|
|Committee:||Insurance and Housing|
|Last Action:||01/31/01 - Hearing Conducted S Insurance & Housing Committee||Journal page:|
|Effective Date:||August 28, 2001|
SB 194 - This act prohibits health carriers from changing their drug formularies except at the beginning of the policy anniversary date or pursuant to a FDA recommendation. The health carrier may add new prescription drugs to its formulary. The health carrier may not increase an enrollee's co-payment or other out of pocket expenses except at the beginning of the policy annual anniversary date.
This act is similar to SB 161 (2001).