Texas 2021 - 87th Regular

Texas House Bill HB2668 Compare Versions

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1-87R24046 RDS-F
2- By: Price, et al. H.B. No. 2668
3- Substitute the following for H.B. No. 2668:
4- By: Oliverson C.S.H.B. No. 2668
1+87R2815 RDS-F
2+ By: Price H.B. No. 2668
53
64
75 A BILL TO BE ENTITLED
86 AN ACT
97 relating to the effect of certain reductions in a health benefit
10- plan enrollee's out-of-pocket expenses for certain prescription
11- drugs on enrollee cost-sharing requirements.
8+ plan enrollee's out-of-pocket expenses for prescription drugs on
9+ enrollee cost-sharing requirements.
1210 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1311 SECTION 1. The heading to Subchapter B, Chapter 1369,
1412 Insurance Code, is amended to read as follows:
1513 SUBCHAPTER B. REQUIREMENTS AFFECTING COVERAGE OF SPECIFIC
1614 PRESCRIPTION DRUGS OR COST SHARING [SPECIFIED BY DRUG FORMULARY]
1715 SECTION 2. Subchapter B, Chapter 1369, Insurance Code, is
1816 amended by adding Section 1369.0542 to read as follows:
1917 Sec. 1369.0542. EFFECT OF REDUCTIONS IN OUT-OF-POCKET
20- EXPENSES ON COST SHARING. (a) This section applies only to a
21- reduction in out-of-pocket expenses made by or on behalf of an
22- enrollee for a prescription drug for which:
23- (1) a generic equivalent does not exist;
24- (2) a generic equivalent does exist but the enrollee
25- has obtained access to the prescription drug under the enrollee's
26- health benefit plan using:
27- (A) a prior authorization process;
28- (B) a step therapy protocol; or
29- (C) the health benefit plan issuer's exceptions
30- and appeals process;
31- (3) an interchangeable biological product does not
32- exist; or
33- (4) an interchangeable biological product does exist
34- but the enrollee has obtained access to the prescription drug under
35- the enrollee's health benefit plan using:
36- (A) a prior authorization process;
37- (B) a step therapy protocol; or
38- (C) the health benefit plan issuer's exceptions
39- and appeals process.
40- (b) An issuer of a health benefit plan that covers
41- prescription drugs or a pharmacy benefit manager shall apply any
42- third-party payment, financial assistance, discount, product
18+ EXPENSES ON COST SHARING. An issuer of a health benefit plan that
19+ covers prescription drugs or a pharmacy benefit manager shall apply
20+ any third-party payment, financial assistance, discount, product
4321 voucher, or other reduction in out-of-pocket expenses made by or on
4422 behalf of an enrollee for a prescription drug to the enrollee's
4523 deductible, copayment, cost-sharing responsibility, or
46- out-of-pocket maximum applicable to health benefits under the
47- enrollee's plan.
24+ out-of-pocket maximum applicable to prescription drug benefits
25+ under the enrollee's plan.
4826 SECTION 3. Section 1369.0542, Insurance Code, as added by
4927 this Act, applies only to a health benefit plan that is delivered,
5028 issued for delivery, or renewed on or after January 1, 2022. A
5129 health benefit plan delivered, issued for delivery, or renewed
5230 before January 1, 2022, is governed by the law as it existed
5331 immediately before the effective date of this Act, and that law is
5432 continued in effect for that purpose.
5533 SECTION 4. This Act takes effect September 1, 2021.