Do you support this bill?

Senate Bill S6254

2017-2018 Legislative Session

Relates to copayments for prescription drugs

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Insurance Committee

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

2017-S6254 (ACTIVE) - Details

See Assembly Version of this Bill:
A7504
Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §4325, Ins L; amd §6826-a, Ed L
Versions Introduced in 2019-2020 Legislative Session:
S1792

2017-S6254 (ACTIVE) - Summary

Relates to copayments for prescription drugs; provides that no corporation or insurer shall require, or enter into a contract which permits, a copayment which exceeds the total price paid to the pharmacy for such prescribed drug after the insured has met the annual deductible requirement.

2017-S6254 (ACTIVE) - Sponsor Memo

2017-S6254 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6254
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                               May 11, 2017
                                ___________
 
 Introduced  by  Sen.  HANNON -- read twice and ordered printed, and when
   printed to be committed to the Committee on Insurance
 
 AN ACT to amend the insurance law and the education law, in relation  to
   copayments for prescription drugs
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subsection (h) of section 4325 of  the  insurance  law,  as
 added by chapter 487 of the laws of 2010, is amended to read as follows:
   (h) No corporation or insurer organized or licensed under this chapter
 which  provides  coverage for prescription drugs shall require, or enter
 into a contract which permits, a copayment which exceeds the  usual  and
 customary  cost of such prescribed drug OR WHICH EXCEEDS THE TOTAL PRICE
 PAID TO THE PHARMACY FOR SUCH PRESCRIBED DRUG AFTER THE INSURED HAS  MET
 THE ANNUAL DEDUCTIBLE REQUIREMENT.
   §  2.  Section  6826-a of the education law is amended by adding a new
 subdivision 3 to read as follows:
   3. THE COPAYMENT AMOUNT SHALL NOT EXCEED THE TOTAL PRICE PAID  TO  THE
 PHARMACY  FOR THE PRESCRIBED DRUG, EXCEPT IN CASES WHERE THE INSURED HAS
 NOT MET THE ANNUAL DEDUCTIBLE REQUIREMENT.
   § 3. This act shall take effect immediately.
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10881-01-7

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.