SB128
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Amend KRS 304.17A-164 to define and redefine terms; establish cost-sharing requirements for prescription drugs; require rebates to be passed through; establish confidentiality requirements for the rebate information; create a new section of KRS 365.880 to 365.900 to provide that the actual amount of rebates received is a trade secret; provide that compliance with prescription drug cost-sharing and rebate requirements shall not be in violation of the Uniform Trade Secrets Act; amend KRS 304.17C-125, 304.38A-115, 18A.225,…
Introduced: January 27, 2026
Last action: January 27, 2026
Plain-language summary
This bill sets rules for how the cost of prescription drugs is shared between health insurance plans and their members, and requires that rebates drug manufacturers pay to insurers be passed along rather than kept by the insurer. It applies these rules to several types of health plans, including plans for state employees, college and university employees, and people enrolled in limited health benefit plans. The changes would take effect for health plans issued or…
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