Bill > A03605

This bill creates the Expanded Pharmaceutical Insurance Coverage Panel within the New York state executive department, which will be responsible for managing and improving pharmaceutical insurance coverage for residents. The panel will consist of key state officials, including commissioners from departments of education and health, the financial services superintendent, and directors of aging and budget offices, with the director of aging and health commissioner serving as co-chairs. The panel's key 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 pharmaceutical insurance benefits, and preparing an annual report to state leadership. The bill also establishes a twelve-member advisory committee appointed by state legislative leaders, with at least 60% of members representing consumers, who will provide guidance to the panel. Panel members will not receive compensation for their service, but the advisory committee members will be reimbursed for necessary expenses. The annual report will include detailed statistical information about program enrollment, costs, administrative initiatives, and performance evaluations. The bill aims to improve pharmaceutical insurance coverage and make it more accessible and efficient for New York residents.

Health and Social Services

https://www.nysenate.gov/legislation/bills/2025/A3605