CT INS Annual Filing Of Formularies


On May 31, CT INS updated due date of annual drug formulary filing.


  • CT INS issued Bulletin HC-113-24 regarding due date of annual drug formulary filing.
  • Bulletin HC-113-24 rescinds and replaces Bulletin HC-113-19 issued in Feb. 2019.
  • Formulary Filing
  • Revises the due date for the annual filing of prescription drug formularies for all plans.
  • Sets forth requirements and minimum standards for prescription drug formularies.
  • Drug formularies must comply with CT INS 38a-481-11 and CT INS 38a-513-6
  • Also solicits information relating to policies and procedures for carriers' Pharmacy and Therapeutics Committees' (P and T Committees) development of such formularies.
  • Each carrier that files a drug formulary shall also provide the policies and procedures that govern its P&T Committee with respect to the management of the formulary.
  • Particular emphasis placed on the P&T Committee's membership requirements, conflict of interest prohibitions, drug distribution process, and anti-discrimination policy.
  • Survey Deadline
  • Survey shall be submitted by Oct. 1, 2024 and no later than Oct. 1 annually thereafter.

Regulators CT INS
Entity Types IB; Ins
Reference Bul HC-113-24, 5/31/2024; Rpl HC-113-19; Citation: *CT INS* 38a-481-11, 38a-513-6;
Functions Claims/Accelerated Benefits; Compliance; Reporting
Countries United States of America
Category
State
Products Insurance; Insurance-Health
Regions Am
Rule Type Final
Rule Date 5/31/2024
Effective Date 10/1/2024
Rule Id 214497
Linked to N/A
Reg. Last Update 5/31/2024
Report Section US Insurance

Last substantive update on 06/05/2024