Bill Commons

KY HB 453

in committee

AN ACT relating to prescription drugs.

Kentucky · 2026 Regular Session · lower

Description

Amend KRS 304.17A-164 to define terms; prohibit insurers and administrators from requiring insureds to pay cost sharing for a prescription drug that is greater than the cash price; require insurers and administrators to count the amount paid for a covered prescription drug towards the insured's cost-sharing if certain requirements are met; establish requirements for insurers, administrators, and pharmacies for submission of cash price paid by an insured; exempt a state employee health plan from counting certain third-party payments towards the insured's cost-sharing; provide for construction of cost-sharing requirements; amend KRS 304.17C-125, 304.38A-115, 164.2871, and 18A.225 to apply cost-sharing requirements to limited health plans, self-insured state postsecondary education institution employer group health plans, and the state employee health plan; create a new section of KRS Chapter 315 to require pharmacies to comply with cost-sharing requirements; provide that cost-sharing requirements apply to health plans issued or renewed on or after effective date; EFFECTIVE, January 1, 2027.

Introduced
2026-01-21
Status date
—
Latest action
2026-01-29 — to Banking & Insurance (H)
Bill type
bill
Last updated
—

Subjects

Sponsors

  • P. Flanneryprimary

Committees

Not provided by source.

Action timeline

  1. 2026-01-21

    introduced in House

    introduction

  2. 2026-01-21

    to Committee on Committees (H)

    referral-committee

  3. 2026-01-29

    to Banking & Insurance (H)

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

https://apps.legislature.ky.gov/record/26RS/hb453.html

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:22:24.357326Z

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