HIV medications; prohibit health plans and Medicaid from restricting dispensing of HIV/AIDS treatment.

SB 2045 would prohibit health insurance plans, Medicaid, and pharmacy benefit managers from denying coverage or requiring prior authorization for medications used to treat or prevent HIV/AIDS. The bill mandates that at least one therapeutically equivalent version of each HIV medication must be covered without prior authorization, for every method of administration (such as pills or injections). It applies to all health benefit plans, including Medicaid, and specifically targets FDA-approved antiretroviral drugs for HIV/AIDS treatment. This would reduce insurance barriers for people living with HIV/AIDS who rely on these medications.