Bill > A01040

This bill creates the Expanded Pharmaceutical Insurance Coverage Panel, a new body within the executive department tasked with managing and improving pharmaceutical insurance coverage for New York residents. The panel will consist of high-level government officials from departments of education, health, financial services, aging, and budget, with the director of aging and the health commissioner serving as co-chairs. The panel's responsibilities include developing program regulations, determining cost-sharing for participants, entering into contracts, recommending program improvements, creating an outreach program to inform eligible applicants about benefits, and preparing an annual comprehensive report to state leadership. The panel will be supported by a 12-member advisory committee appointed by various state leaders, with at least 60% of the committee representing consumers and including representatives from pharmacists, pharmaceutical manufacturers, and wholesalers. Panel and advisory committee members will serve without compensation but may receive reimbursement for expenses. The panel's annual report will include detailed statistical information about program enrollment, costs, administrative initiatives, and performance evaluations. The bill aims to enhance pharmaceutical insurance coverage and provide more transparent oversight of the program.

Health and Social Services

https://www.nysenate.gov/legislation/bills/2025/A1040