LCO No. 888 1 of 1 General Assembly Proposed Bill No. 5346 January Session, 2021 LCO No. 888 Referred to Committee on INSURANCE AND REAL ESTATE Introduced by: REP. COOK, 65th Dist. AN ACT LIMITING CHANGES TO PRESCRIPTION DRUG FORMULARIES. Be it enacted by the Senate and House of Representatives in General Assembly convened: That sections 38a-492f and 38a-518f of the general statutes be 1 amended to provide that no health carrier that includes prescription 2 drug coverage shall remove a covered prescription drug from its list of 3 covered drugs, or reclassify or place a covered prescription drug in a 4 higher cost-sharing tier, during a policy term unless: (1) Such drug is not 5 medically necessary, such health carrier provides the insured and the 6 insured's prescribing health care provider with not less than sixty days' 7 advance written notice of its intended action and such provider agrees 8 that such drug is not medically necessary; or (2) such drug is identified 9 as no longer safe and effective by the federal Food and Drug 10 Administration or peer-reviewed medical literature generally 11 recognized by the relevant medical community. 12 Statement of Purpose: To further limit when health carriers may change prescription drug formularies during a policy term.