Plain English Breakdown
The candidate explanation incorrectly states that the bill passed both chambers and reached final enrollment. The official source indicates it died in committee.
Discounted Drug Pricing Study
This bill requires the Agency for Health Care Administration to study how drug manufacturers can sell drugs at discounted prices under Medicaid's preferred drug list and the 340B Drug Pricing Program, and provide a report by January 31, 2027.
What This Bill Does
- Requires the Agency for Health Care Administration (AHCA) to conduct or contract for a detailed fiscal impact study on discounted drug pricing under the 340B Drug Pricing Program.
- The study will look into how drug manufacturers can sell drugs at lower prices if they are on Medicaid's preferred drug list and covered by the 340B program.
- Specifies that AHCA must provide the results of this study to the Governor, Senate President, and House Speaker by January 31, 2027.
Who It Names or Affects
- The Agency for Health Care Administration (AHCA) will conduct or contract for the study.
- Drug manufacturers and Medicaid pharmacies may be impacted by the findings of the study.
Terms To Know
- 340B Drug Pricing Program
- A federal program that requires drug companies to provide outpatient drugs at a discounted price to certain health care organizations, including those serving Medicaid patients.
- Medicaid preferred drug list
- A list of medications recommended by the state for use in Medicaid programs due to their effectiveness and cost-effectiveness.
Limits and Unknowns
- The bill does not specify how AHCA will conduct or contract for the study.
- It is unclear what specific recommendations or changes may come from the results of this study.