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HB 697·FL·house

Drug Prices and Coverage

Signed into LawFiled Dec 9, 2025
Sponsor: Health & Human Services Committee
Latest Action

Chapter No. 2026-4

Mar 25, 2026

Summary

The bill requires pharmacy benefit managers to provide a clear administrative appeal process for pharmacies that dispute reimbursement rates, prohibits PBMs from forcing pharmacies to dispense drugs at a loss or from unequal reimbursement, and allocates $30.9 million to the Ryan White Part B AIDS Drug Assistance Program for low‑income patients through June 2026. It affects PBMs, pharmacies, and low‑income individuals living with HIV/AIDS, aiming to improve drug pricing transparency and access.

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