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Doctors, medical groups back bill to bar midyear formulary changes
Summary
Physicians and the Ohio State Medical Association urged the Senate committee to pass Senate Bill 160, which would prohibit commercial health plans from changing drug formularies during a calendar year with limited exceptions for new generics and major price jumps, saying the change would provide stability for patients on chronic medicines.
Chair Wilson presided over testimony and a second hearing on Senate Bill 160, which backers say would prevent commercial health plans from changing drug formularies midyear and disrupt patients’ treatments. "This bill is pretty simple. It essentially prohibits a health plan from changing their drug formulary during a calendar year," Monica Hickel, vice president of advocacy for the Ohio State Medical Association, told the Financial Institutions,…
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