SLS 22RS-542 ORIGINAL 2022 Regular Session SENATE BILL NO. 278 BY SENATOR FRED MILLS PHARMACEUTICALS. Provides relative to the maximum cost of prescription insulin drugs. (8/1/22) 1 AN ACT 2 To enact R.S. 22:1034.1, relative to the maximum cost of certain prescription drugs; to 3 provide for maximum cost sharing that a patient is required to pay for prescription 4 insulin; to provide authority for a health plan or pharmacy benefit management plan 5 to lower cost sharing below the maximum amount; to provide for definitions; to 6 provide for applicability to new or existing policies, contracts, programs, health 7 plans, or pharmacy benefit management plans; and to provide for related matters. 8 Be it enacted by the Legislature of Louisiana: 9 Section 1. R.S. 22:1034.1 is hereby enacted to read as follows: 10 ยง1034.1. Maximum cost sharing for prescription insulin drugs 11 A. A health plan or pharmacy benefit management plan that provides 12 coverage for prescription insulin drugs shall limit the total amount that a 13 patient is required to pay for a thirty-day supply of covered prescription insulin 14 drugs at an amount not to exceed one hundred dollars per month, regardless of 15 the quantity or type of covered prescription insulin drug used to fill the 16 patient's prescription. 17 B. Nothing in this Section shall prevent a health plan or pharmacy Page 1 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 278 SLS 22RS-542 ORIGINAL 1 benefit management plan from establishing cost sharing requirements for 2 covered prescription insulin drugs below the amount provided for in Subsection 3 A of this Section. 4 C. As used in this Section, the following definitions shall apply: 5 (1) "Health plan" means an individual or group plan or program which 6 is established by contract, certificate, law, plan, policy, subscriber agreement, 7 or by any other method and which is entered into, issued, or offered for the 8 purpose of arranging for, delivering, paying for, providing, or reimbursing any 9 of the costs of health or medical care, including pharmacy services, drugs, or 10 devices. 11 (2) "Patient" means the insured member whose services are covered by 12 the health plan or pharmacy benefit management plan. 13 (3) "Pharmacy benefit management plan" means a plan that pays for, 14 reimburses, covers the cost of, or otherwise provides for pharmacist services, 15 drugs, or devices to individuals who reside in or are employed in Louisiana. 16 (4) "Prescription insulin drug" means a prescription drug that contains 17 insulin and is used to control blood glucose levels to treat diabetes but shall not 18 include an insulin drug that is administered to a patient intravenously. 19 D. The provisions of this Section shall apply to any new policy, contract, 20 program, health plan, or pharmacy benefit management plan issued on and 21 after August 1, 2022. Any policy, contract, program, health plan, or pharmacy 22 benefit management plan in effect before August 1, 2022, shall convert to 23 conform to the provisions of this Section on or before the renewal date, but no 24 later than August 1, 2022. The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Brandi Cannon. DIGEST SB 278 Original 2022 Regular Session Fred Mills Proposed law provides for a maximum patient cost sharing amount of $100 for a 30-day supply of covered prescription insulin. Proposed law does not apply to insulin drugs administered to a patient intravenously. Page 2 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 278 SLS 22RS-542 ORIGINAL Proposed law provides that a health plan or pharmacy benefit manager plan may impose cost sharing in an amount less than the maximum established in proposed law. Proposed law provides definitions. Proposed law provides that all new or existing policies, contracts, programs, health plans, or pharmacy benefit management plans shall comply with or be converted to comply with proposed law no later than August 1, 2022. Effective August 1, 2022. (Adds R.S. 22:1034.1) Page 3 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.