Pharmacy Benefit Managers (PBMs) take note! Under Florida’s new Prescription Drug Reform Act, PBMs must be licensed as an insurance administrator (also known as a third-party.
The United States Centers for Medicare & Medicaid Services ("CMS") has proposed new rulemaking (88 FR 34238) to increase drug price transparency by drug manufacturers.
FL Prescription Drug Reform Act Takes Shot At 'Big Pharma,' Middlemen - Tampa, FL - Prices for 1,216 prescription drugs increased over a 12-month period, according to the Department of Health and Human Services.
Florida OIR Issues Informational Memorandum OIR-23-04M to PBMs - On July 19, 2023, the Florida Office of Insurance Regulation (“OIR”) issued Informational Memorandum.