|Bill Title||Pharmacy Benefit Managers|
|Hispanic Sponsors||FL Sen. Rene Garcia (R-FL-036)|
|NHCSL Task Force||
|Primary Issue Area||Law|
Administrative law and government organization
|Session||2014 Regular Session|
This bill specifies contract terms between a pharmacy benefit manager and a pharmacy. It provides restrictions on the inclusion of prescriptions drugs on a list that specifies the maximum allowable costs for those drugs. It requires for the pharmacy benefit manager to disclose cost-assigning methodology. It requires the contract to include an appeal process. It requires a pharmacy benefit manager to contractually commit to providing a certain reimbursement rate for generic drugs and for pharmacies to re-contract annually.