Bill > HB06436

This bill makes several revisions to Connecticut's health insurance statutes, primarily focusing on three key areas: (1) modifying the process for mandated health benefit reviews by eliminating the requirement to contract specifically with the University of Connecticut Center for Public Health and Health Policy, and instead allowing the Insurance Commissioner more flexibility to engage independent experts and organizations for conducting these reviews; (2) adjusting the annual reporting dates for pharmacy benefits manager (PBM) rebate information, shifting the filing deadline from February 1, 2025, to March 1, 2026, and the commissioner's report submission date from March 1, 2025, to April 1, 2026; and (3) changing regulatory language from mandatory to permissive for the Insurance Commissioner's responsibility to adopt regulations concerning health insurance coverage requirements, specifically for medically necessary wheelchair repairs and replacements. These changes aim to provide more administrative flexibility, update reporting timelines, and potentially reduce bureaucratic constraints for the Insurance Commissioner in managing health insurance-related matters. The bill includes provisions to protect the confidentiality of submitted information and allows the commissioner to impose penalties for non-compliance with reporting requirements.

Business and Industry

Insurance and Real Estate Committee (Joint)

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB06436&which_year=2025