Kentucky SB103 amends health insurance regulations to prevent cost-sharing for prescription drugs exceeding cash prices.
Kentucky SB103 amends health insurance regulations to prevent cost-sharing for prescription drugs from exceeding the cash price. It mandates that pharmacies inform insured individuals about their cost-sharing requirements and submit proof of cash prices to insurers. The bill also requires insurers to count cash prices towards cost-sharing and prohibits insurers from penalizing pharmacies for complying with these provisions. The changes apply to health plans issued or renewed on or after January 1, 2027.
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