SB 0633 Prohibits health carriers from changing conditions of their drug formulary during contract period
Sponsor:Schneider Co-Sponsor(s)
LR Number:2588S.01I Fiscal Note:2588-01
Committee:Insurance and Housing
Last Action:02/27/02 - Motion to Report Bill Do Pass FAILED S Insurance & Journal page:
Housing Committee
Effective Date:August 28, 2002
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Current Bill Summary

SB 633 - 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 identical to SB 194 (2001).