WSR 16-12-082 PREPROPOSAL STATEMENT OF INQUIRY OFFICE OF INSURANCE COMMISSIONER [Insurance Commissioner Matter No. R 2016-16—Filed May 31, 2016, 10:58 a.m.]
Subject of Possible Rule Making: Prescription drug benefit disclosures.
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: The agency needs to update its requirements for prescription drug benefit disclosures so that consumers are fully aware of the prescription drug coverage of the plans they purchase.
Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: Health and Human Services has required qualified health plans to meet certain transparency requirements. These rules will be coordinated with federal requirements.
Process for Developing New Rule: Submit written comments by July 15, 2016, to Jim Freeburg, rulescoordinator@oic.wa.gov, fax (360) 586-3109.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Jim Freeburg, P.O. Box 40258, Olympia, WA 98504, (360) 725-7170, rulescoordinator@oic.wa.gov.
May 31, 2016
Mike Kreidler
Insurance Commissioner
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