Utah Code 31-48-103(2) requires the Utah Insurance Department to collect pharmacy drug information from health insurers offering health benefit plans in Utah.
Health Insurers
As required by Utah Code 31A-48-103(2), health insurers offering health benefit plans in Utah are required to report to the Department the following information by August 1 of each year: 1) the 25 drugs for which spending by the health insurer was the greatest, after adjusting for rebates; 2) the percentage increase over the previous year in net spending for all drugs, after adjusting for rebates; and 3) the percentage of the increase in premiums over the previous year attributable to all drugs and specialty drugs. The Department is required to publish this information on the Department’s website by December 1 each year and in a manner that protects the identity of a health insurer.
Below is a list of the summary reports of the information submitted to the Department by health insurers.
