Insurer Disclosures on Prescription Drug Coverage

Requiring individual and group health insurers to provide notice of prescription drug formulary changes within a certain timeframe to current and prospective insureds and the insureds' treating physicians; requiring insurers to maintain a record of formulary changes; defining the term "cost-sharing requirement"; providing an exception to requirements relating to changes in a health maintenance organization's group contract, etc.

Source: OpenStates · fetched March 13, 2026