New Hampshire SB544 amends managed care laws to enhance transparency and access for prescription drug coverage.
New Hampshire SB544 modifies managed care laws to ensure that health plans providing prescription drug benefits must notify covered persons in a conspicuous font and size of any deletions to the plan list or formulary. It mandates that these plans provide an explanation of the exception process for accessing nonformulary medically necessary prescription drugs and offer a toll-free number for inquiries. The bill also requires plans to maintain detailed records of their drug formularies and maximum allowable costs, which must be accessible to the commissioner upon request.
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