Introduced January 27, 2026
SB128
Log in to followAN ACT relating to prescription drugs.
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,…
Plain-language summary
This bill sets rules for how prescription drug costs are shared between health plans and patients, and requires that rebates drug manufacturers pay to insurers or middlemen be passed along rather than kept. It would apply to most types of health coverage in Kentucky, including plans for state employees and employees of public colleges and universities. The changes would take effect for health plans issued or renewed on or after January 1, 2027. Who it may affect: Kentuckians with health insurance, state employees, employees of public colleges and universities, and health insurers and pharmacy benefit managers operating in Kentucky.
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Legislative History
Primary Sponsor
Stephen Meredith
Senator · Senate District 05
Co-sponsors (1)
Danny Carroll
Senator · Senate District 02
Bill Text Versions
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