Nev. Admin. Code § 695C.175 - Health maintenance organization: Removal of prescription drug from approved formulary prohibited; exception; movement to different tier in formulary; addition of drug to formulary
1. Except as
otherwise provided in this section, a health maintenance organization that
offers a health benefit plan in the individual market which provides coverage
for prescription drugs and uses a formulary that has been approved by the
Commissioner pursuant to
NRS
687B.120 shall not:
(a) Remove a prescription drug from the
formulary; or
(b) If the formulary
includes two or more tiers of benefits providing for different deductibles,
copayments or coinsurance applicable to the prescription drugs in each tier,
move a drug to a tier with a larger deductible, copayment or coinsurance,
during the plan year for which the formulary was approved by the
Commissioner.
2. A health
maintenance organization described in subsection 1 may:
(a) Remove a prescription drug from a
formulary at any time if:
(1) The drug is not
approved by the United States Food and Drug Administration;
(2) The United States Food and Drug
Administration issues a notice, guidance, warning, announcement or any other
statement about the drug which calls into question the clinical safety of the
drug; or
(3) The prescription drug
is approved by the United States Food and Drug Administration for use without a
prescription.
(b) If the
health maintenance organization's formulary includes two or more tiers of
benefits providing for different deductibles, copayments or coinsurance
applicable to the prescription drugs in each tier, move a brand name
prescription drug to a tier with a larger deductible, copayment or coinsurance
if the health maintenance organization adds to the formulary a generic
prescription drug that is approved by the United States Food and Drug
Administration for use as an alternative to the brand name prescription drug
at:
(1) The benefit tier from which the brand
name prescription drug is being moved; or
(2) A benefit tier that has a smaller
deductible, copayment or coinsurance than the benefit tier from which the brand
name prescription drug is being moved.
3. This section does not prohibit a health
maintenance organization from adding a prescription drug to a formulary at any
time.
4. This section does not
apply to a grandfathered plan.
5.
As used in this section, "health benefit plan" has the meaning ascribed to it
in
NRS
687B.470.
Notes
NRS 679B.130, 687B.120
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