Enrolled Bill Summary

House Bill 1624	House Author:  Smithee
Effective:  9-1-15	Senate Sponsor:  Seliger

            House Bill 1624 amends the Insurance Code to provide for transparency of certain information regarding health benefit plan coverage. The bill requires certain health benefit plan issuers to display prescription drug formulary information on a public Internet website, requires the commissioner of insurance to develop and adopt formulary disclosure requirements to facilitate comparison shopping among health benefit plans, and authorizes a health benefit plan issuer to make formulary information related to cost-sharing available through a toll-free telephone number. The bill also requires certain health benefit plan issuers that offer coverage for health care services through preferred providers, exclusive providers, or a network of physicians or health care providers to develop and maintain a physician and health care provider directory that is updated at least once each month, to display the directory on a public Internet website, and to respond timely to reports of inaccurate directory information.