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NCOIL Committee to Start Work on Formulary Model Law

By Elaine Goodman (medical/business Reporter)

Friday, February 15, 2019 | 0

A group that recently adopted a model law pertaining to physician dispensing in workers’ comp has now set its sights on a model act for work comp drug formularies. The National Council of Insurance Legislators, or NCOIL, is using as its starting point Indiana’s Senate Bill 369, which created a workers’ comp formulary that took effect on Jan. 1. Indiana Rep. Matt Lehman, who is NCOIL’s vice president, has proposed that the bill be used to kick off discussions of a possible formulary model act that states could use as a strategy to help lower drug costs.   The NCO...

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