Conn. Gen. Stat. § 38a-477gg

Current with legislation from 2024 effective through June 5, 2024.
Section 38a-477gg - Credit for any discount provided or payment made by a third party regarding prescription drugs
(a) On and after January 1, 2022, each contract entered into between a health carrier, as defined in section 38a-591a, and a pharmacy benefits manager, as defined in section 38a-479aaa, for the administration of the pharmacy benefit portion of a health benefit plan in this state on behalf of plan sponsors shall require that the pharmacy benefits manager, when calculating an insured's or enrollee's liability for a coinsurance, copayment, deductible or other out-of-pocket expense for a covered prescription drug benefit, give credit for any discount provided or payment made by a third party for the amount of, or any portion of the amount of, the coinsurance, copayment, deductible or other out-ofpocket expense for the covered prescription drug benefit.
(b) The provisions of subsection (a) of this section shall apply to a high deductible health plan, as that term is used in subsection (f) of section 38a-493 or subsection (f) of section 38a-520, as applicable, to the maximum extent permitted by federal law, except if such plan is used to establish a medical savings account or an Archer MSA pursuant to Section 220 of the Internal Revenue Code of 1986, or any subsequent corresponding internal revenue code of the United States, as amended from time to time, or a health savings account pursuant to Section 223 of said Internal Revenue Code, as amended from time to time, the provisions of said subsection (a) shall apply to such plan to the maximum extent that (1) is permitted by federal law, and (2) does not disqualify such account for the deduction allowed under said Section 220 or 223, as applicable.

Conn. Gen. Stat. § 38a-477gg

Amended by P.A. 22-0146, S. 23 of the Connecticut Acts of the 2022 Regular Session, eff. 5/7/2022, app. to contracts entered into on or after January 1, 2022.
Added by P.A. 21-0014, S. 5 of the Connecticut Acts of the 2021 Regular Session, eff. 1/1/2022.