Senate Bill 128 would prohibit the use of consumer tools designed to control prescription drug prices, resulting in higher health insurance premiums for many Kentuckians.
What SB128 Would Do
- Mandate 100% of pharmacy rebates be applied at the point of sale
- Remove employers’ ability to use rebates to lower premiums for their employees
- Eliminate the flexibility employers and plans rely on to manage overall healthcare costs
Why It Matters
- Point-of-sale rebates may lower costs for some prescriptions, but they:
- Increase premiums for everyone enrolled, including those who do not use those medications
- Shift costs from a few individuals to families, employers, and workers statewide
- Initial estimates project that SB128 will increase costs by over $28 million.
- The cost to the state employee health plan is projected to be over $20 million.
Bottom Line
- Higher premiums hurt families, employers, and small businesses
- One-size-fits-all mandates reduce flexibility and increase costs
- Health plans need tools to manage costs for all members, not just a select few
Take Action
Tell your State Senators to oppose SB128 and protect affordable, flexible health coverage for Kentuckians.