Bill Text - HB670 (2019)

Relative to the cost of prescription drugs.


Revision: Dec. 3, 2019, 1:16 p.m.

CHAPTER 137

HB 670-FN - FINAL VERSION

 

19Mar2019... 0893h

2019 SESSION

19-0804

01/06

 

HOUSE BILL 670-FN

 

AN ACT relative to the cost of prescription drugs.

 

SPONSORS: Rep. Butler, Carr. 7; Rep. Marsh, Carr. 8; Rep. Knirk, Carr. 3; Sen. Sherman, Dist 24

 

COMMITTEE: Commerce and Consumer Affairs

 

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ANALYSIS

 

This bill requires health insurance carriers to maintain certain information relative to prescription drug  costs within  their data systems for purposes of the managed care law.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

19Mar2019... 0893h 19-0804

01/06

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Nineteen

 

AN ACT relative to the cost of prescription drugs.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

137:1  New Paragraph; Managed Care Law: Prescription Drugs.  Amend RSA 420-J:7-b by inserting after paragraph X the following new paragraph:

XI.  Health carriers shall have access to or maintain within their data systems amounts paid to pharmacies and other health care providers for all prescription drugs on behalf of their covered members.  Carriers shall have access to or maintain a record of any amounts due to the pharmacy from the covered member in the form of cost sharing, such as copayments, deductibles, or coinsurance.  The health carrier shall be responsible for assuring timely access to this information even when the prescription drug benefit is administered by a pharmacy benefit manager or similar entity.

137:2  Effective Date.  This act shall take effect 60 days after its passage.

 

Approved: June 25, 2019

Effective Date: August 24, 2019