SB 674 - Schaaf, Rob
Requires insured to only pay usual and customary retail price of a prescription drug where the retail price is less than the applicable copayment
Bill Details
Sponsor
LR Number
5368S.01I
Title
SB 674
House Handler
N/A
Journal Page
Effective Date
August 28, 2012
Current Status
Second Read and Referred S Health, Mental Health, Seniors and Families Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 674 - Under this act, if the co-payment applied by a HMO or health insurer exceeds the usual and customary retail price of a prescription drug, the enrollee shall only be required to pay the usual and customary retail price of the prescription drug and there will be no further charge to the enrollee or plan sponsor for the prescription (Sections 354.535 and 376.387).
These provisions were contained in SB 122 (2011) and HB 1495 (2010).
STEPHEN WITTE