The Texas Department of Insurance invites comments on the informal working draft of rules implementing HB 1624, enacted by the 84th Texas Legislature (2015), relating to prescription drug formulary disclosure requirements. The purpose of this informal working draft is to obtain public and stakeholder input regarding requirements related to formulary disclosures and consumers' ability to compare prescription drug benefits.
The informal draft implements the statute, includes metrics to facilitate consumers’ ability to compare formulary value and scope, and makes minor changes to other sections of TAC Chapter 21, Subchapter V. Amendments to the subchapter include updating references to the Insurance Code, adjusting ID card requirements to conform to the statute, and clarifying the applicability of 28 TAC §21.2820 to certain pharmacy ID cards.
The informal draft is accessible at: http://www.tdi.texas.gov/rules/drules.html
TDI will hold a stakeholder meeting on the informal working draft from 1 p.m. to 4 p.m. Central time, on October 20, 2015, Room 102 of the William P. Hobby Jr. State Office Building, 333 Guadalupe Street, Austin, TX 78701.
To participate by phone,please call (844) 294-5050 on the day of the meeting, and use Participant Code 361517.
TDI encourages interested parties to submit comments by October 23, 2015, to LHLcomments@tdi.texas.gov.