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HB18-1284

Disclosure Of Prescription Costs At Pharmacies

Concerning the cost of prescription drugs purchased at a pharmacy.
Session:
2018 Regular Session
Subject:
Health Care & Health Insurance
Bill Summary

Carriers - pharmacy benefit management firms - contracts with pharmacies and pharmacists - prohibitions against disallowing cost-sharing measures. The act prohibits a carrier that has a contract with a pharmacy or pharmacist, or a pharmacy benefit management firm acting on behalf of a carrier, from:

  • Prohibiting a pharmacy or pharmacist from, or penalizing a pharmacy or pharmacist for, providing a covered person information on the amount of the covered person's cost share for the covered person's prescription drug and the clinical efficacy of any more affordable alternative drugs that are therapeutically equivalent; or
  • Requiring a pharmacy to charge or collect a copayment from a covered person that exceeds the total submitted charges by the network pharmacy.

The act requires the commissioner of insurance to act when the commissioner determines that a carrier or pharmacy benefit management firm has engaged in the prohibited conduct.


(Note: This summary applies to this bill as enacted.)

Status

Introduced
Passed
Became Law

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Bill Text

  • All Versions (7 )
    Date Bill Type Documents
    04/30/2018 Signed Act PDF
    04/26/2018 Final Act PDF
    04/19/2018 Rerevised PDF
    04/18/2018 Revised PDF
    04/05/2018 Reengrossed PDF
    04/04/2018 Engrossed PDF
    03/08/2018 Introduced PDF

Pursuant to HJR20-1007, the Second Regular Session of the 72nd General Assembly is Temporarily Adjourned until 10:00 a.m., Monday, March 30, 2020. 

COVID-19 Resources

Temporary Guidelines for Review and Comment Meetings

The legislature will meet in limited session on Monday, March 30th. The Capitol will be open for the duration of the session for those with essential business related to the session. The building will not be available for public tours. People without essential business are encouraged to access the session through the General Assembly website and Colorado Channel.  Anybody with essential business related to the session will be required to practice appropriate social distancing measures.