SB 146
creates the Access to Lifesaving Medicines Act. The measure prohibits health insurers or pharmacy benefits managers from imposing an excess cost burden on an insured. Pharmacy benefits managers must offer the health benefit plan the option of extending point-of-sale rebates to enrollees of the plan when contracting with a health insurer or health benefit plan. The measure requires prescription drug cost sharing for an insured to be the lesser of applicable copayment for the prescription medication, maximum allowable cost, maximum allowable claims, the adjusted out-of-pocket amount, the amount an insured would pay for the [...]