Legislation


SB 1550 (see companion bill HB 1509) – Florida

Status: Enacted
Year Introduced: 2023
Link: https://www.myfloridahouse.gov/Sections/Bills/billsdetail.aspx?BillId=78257&

Prescription Drugs: Citing this act as the “Prescription Drug Reform Act”; specifying additional prohibited acts related to the Florida Drug and Cosmetic Act; requiring certain drug manufacturers to notify the Department of Business and Professional Regulation of reportable drug price increases on a specified form on the effective date of such increase; requiring the Division of Consumer Services of the Department of Financial Services to designate an employee as the primary contact for consumer complaints involving pharmacy benefit managers; providing a grandfathering provision for certain pharmacy benefit managers operating as administrators; requiring pharmacy benefits plans and programs, beginning on a specified date, to annually submit a certain attestation to the Office of Insurance Regulation, etc.


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