SF 1062

as introduced - 88th Legislature (2013 - 2014) Posted on 03/06/2013 08:47am

A bill for an act
relating to insurance; prohibiting certain discriminatory cost-sharing policies
for prescription drugs; proposing coding for new law in Minnesota Statutes,
chapter 62Q.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

new text begin [62Q.526] PRESCRIPTION DRUG PRICING; PROHIBITION ON
HEALTH PLAN IMPOSITION OF HIGHER COST-SHARING FOR CERTAIN
DRUGS.
new text end

new text begin No health plan company shall offer, issue, sell, or renew a health plan that imposes
cost-sharing, deductibles, co-payments, or co-insurance on any prescription drug that
exceeds the cost-sharing, deductibles, co-payments, or co-insurance imposed under the
health plan for nonpreferred or nonformulary brand name prescription drugs.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective August 1, 2013, and applies to health
plans offered, issued, sold, or renewed on or after that date.
new text end