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Bill > S06168


NY S06168

NY S06168
Provides that every insurance policy which provides coverage for prescription drugs shall insure that there is continuous coverage of a single source drug that is part of a prescribed therapy until such prescribed therapy is no longer medically necessary for the enrollee of such policy; defines "single source drug".


summary

Introduced
03/06/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the insurance law, in relation to coverage for single source drugs

AI Summary

This bill requires insurance policies that provide prescription drug coverage to ensure continuous coverage of a single source drug (defined as a brand-name drug without a generic equivalent) during an appeal process. Specifically, if an insurance formulary changes and removes or de-prioritizes a single source drug that a patient is currently taking, the patient can continue receiving coverage for that drug under the same terms and conditions while they file a grievance or appeal with the insurer or a state or federal agency. This protection applies to individual, group, and blanket insurance policies in New York state. The bill aims to protect patients from sudden interruptions in their prescribed medication regimen due to formulary changes by requiring insurers to maintain coverage until the appeal process is completed. The legislation will take effect on the first day of the calendar month following 60 days after it becomes law, and will only apply to policies issued, renewed, or amended after that date.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

REFERRED TO INSURANCE (on 01/07/2026)

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