Bill
A 3605
Overview: Bill Number: A 3605, Title: Relates to establishing the expanded pharmaceutical insurance coverage panel, Status: REFERRED TO AGING, Introduced: January 29, 2025Purpose a
Overview: Bill Number: A 3605, Title: Relates to establishing the expanded pharmaceutical insurance coverage panel, Status: REFERRED TO AGING, Introduced: January 29, 2025
Purpose and Intent: The main goal of this bill is to create an "Expanded Pharmaceutical Insurance Coverage Panel" to review and recommend changes to improve prescription drug coverage for older adults and individuals with disabilities.
Key Provisions:
- Establishes the Expanded Pharmaceutical Insurance Coverage Panel, consisting of representatives from the insurance industry, healthcare providers, and consumer advocates
- Requires the panel to conduct a comprehensive review of existing prescription drug coverage policies and identify areas for improvement
- Empowers the panel to make recommendations to the legislature and state agencies on expanding access to affordable medications
Affected Parties and Impacts:
- Older adults and individuals with disabilities who rely on prescription medications would potentially benefit from expanded insurance coverage
- Insurance providers and pharmaceutical companies may be impacted by the panel's policy recommendations
- State agencies responsible for regulating insurance and healthcare programs would need to consider the panel's findings
Procedural and Timeline Considerations:
The bill has been referred to the Aging Committee and is currently under consideration. If passed, the Expanded Pharmaceutical Insurance Coverage Panel would be required to submit its initial recommendations within one year of the law taking effect.
Compiled from official sources — confirm details with the bill’s official record.
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