12 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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13 | 11 | | SECTION 1. The heading to Subchapter B, Chapter 1369, |
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14 | 12 | | Insurance Code, is amended to read as follows: |
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15 | 13 | | SUBCHAPTER B. REQUIREMENTS AFFECTING COVERAGE OF SPECIFIC |
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16 | 14 | | PRESCRIPTION DRUGS OR COST SHARING [SPECIFIED BY DRUG FORMULARY] |
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17 | 15 | | SECTION 2. Subchapter B, Chapter 1369, Insurance Code, is |
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18 | 16 | | amended by adding Section 1369.0542 to read as follows: |
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19 | 17 | | Sec. 1369.0542. EFFECT OF REDUCTIONS IN OUT-OF-POCKET |
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20 | | - | EXPENSES ON COST SHARING. (a) This section applies only to a |
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21 | | - | reduction in out-of-pocket expenses made by or on behalf of an |
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22 | | - | enrollee for a prescription drug for which: |
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23 | | - | (1) a generic equivalent does not exist; |
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24 | | - | (2) a generic equivalent does exist but the enrollee |
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25 | | - | has obtained access to the prescription drug under the enrollee's |
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26 | | - | health benefit plan using: |
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27 | | - | (A) a prior authorization process; |
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28 | | - | (B) a step therapy protocol; or |
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29 | | - | (C) the health benefit plan issuer's exceptions |
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30 | | - | and appeals process; |
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31 | | - | (3) an interchangeable biological product does not |
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32 | | - | exist; or |
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33 | | - | (4) an interchangeable biological product does exist |
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34 | | - | but the enrollee has obtained access to the prescription drug under |
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35 | | - | the enrollee's health benefit plan using: |
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36 | | - | (A) a prior authorization process; |
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37 | | - | (B) a step therapy protocol; or |
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38 | | - | (C) the health benefit plan issuer's exceptions |
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39 | | - | and appeals process. |
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40 | | - | (b) An issuer of a health benefit plan that covers |
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41 | | - | prescription drugs or a pharmacy benefit manager shall apply any |
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42 | | - | third-party payment, financial assistance, discount, product |
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| 18 | + | EXPENSES ON COST SHARING. An issuer of a health benefit plan that |
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| 19 | + | covers prescription drugs or a pharmacy benefit manager shall apply |
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| 20 | + | any third-party payment, financial assistance, discount, product |
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48 | 26 | | SECTION 3. Section 1369.0542, Insurance Code, as added by |
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49 | 27 | | this Act, applies only to a health benefit plan that is delivered, |
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50 | 28 | | issued for delivery, or renewed on or after January 1, 2022. A |
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51 | 29 | | health benefit plan delivered, issued for delivery, or renewed |
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52 | 30 | | before January 1, 2022, is governed by the law as it existed |
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53 | 31 | | immediately before the effective date of this Act, and that law is |
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54 | 32 | | continued in effect for that purpose. |
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55 | 33 | | SECTION 4. This Act takes effect September 1, 2021. |
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