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SB1166 • 2026

Insurer Disclosures on Prescription Drug Coverage

Insurer Disclosures on Prescription Drug Coverage

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Rodriguez
Last action
2026-03-13
Official status
Senate - Died in Banking and Insurance
Effective date
2026-07-01

Plain English Breakdown

The official source material does not provide specific details on enforcement mechanisms or penalties for non-compliance with the bill's requirements.

Insurer Disclosures on Prescription Drug Coverage

This bill requires health insurers to inform current and potential insured individuals, as well as their doctors, about changes in prescription drug coverage at least 60 days before the change takes effect.

What This Bill Does

  • Requires individual and group health insurers to notify policyholders of any changes to prescription drug formularies (lists of covered drugs) at least 60 days before these changes take effect.
  • Specifies that insurers must also inform treating physicians about such changes if the change affects a patient's current medication coverage.
  • Establishes requirements for how notices should be provided, including electronic and mail delivery methods.

Who It Names or Affects

  • Individual and group health insurers in Florida
  • Current and potential insured individuals
  • Treating physicians

Terms To Know

Formulary
A list of prescription drugs covered by a health insurance plan.

Limits and Unknowns

  • The bill does not specify what happens if an insurer fails to comply with these requirements.
  • It is unclear how this legislation will be enforced and monitored by regulatory bodies.

Bill History

  1. 2026-03-13 Senate

    • Died in Banking and Insurance

  2. 2026-01-13 Senate

    • Introduced

  3. 2026-01-12 Senate

    • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Appropriations

  4. 2026-01-06 Senate

    • Filed

Official Summary Text

Insurer Disclosures on Prescription Drug Coverage; Requiring individual and group health insurers to provide notice of prescription drug formulary changes within a certain timeframe to current and prospective insureds and the insureds’ treating physicians; requiring insurers to maintain a record of formulary changes; defining the term “cost-sharing requirement”; providing an exception to requirements relating to changes in a health maintenance organization’s group contract, etc.

Current Bill Text

Read the full stored bill text
Florida Senate
-
2026

SB 1166

By
Senator Rodriguez

40-00510-26 20261166__
1 A bill to be entitled
2 An act relating to insurer disclosures on prescription
3 drug coverage; creating s. 627.42394, F.S.; requiring
4 individual and group health insurers to provide notice
5 of prescription drug formulary changes within a
6 certain timeframe to current and prospective insureds
7 and the insureds’ treating physicians; specifying
8 requirements for the content of such notice and the
9 manner in which it must be provided; specifying
10 requirements for a notice of medical necessity
11 submitted by the treating physician; authorizing
12 insurers to provide certain means for submitting the
13 notice of medical necessity; requiring the Financial
14 Services Commission to adopt a certain form by rule by
15 a specified date; specifying a coverage requirement
16 and restrictions on coverage modification by insurers
17 receiving a notice of medical necessity; providing
18 construction and applicability; requiring insurers to
19 maintain a record of formulary changes; requiring
20 insurers to annually submit a specified report to the
21 Office of Insurance Regulation by a specified date;
22 requiring the office to annually compile certain data
23 and prepare a report, make the report publicly
24 accessible on its website, and submit the report to
25 the Governor and the Legislature by a specified date;
26 creating s. 627.6383, F.S.; defining the term “cost
27 sharing requirement”; requiring specified individual
28 health insurers and their pharmacy benefit managers to
29 apply payments for prescription drugs by or on behalf
30 of insureds toward the insureds’ total contributions
31 to cost-sharing requirements under certain
32 circumstances; providing construction; requiring
33 specified individual health insurers to maintain
34 records of certain third-party payments for
35 prescription drugs; providing reporting requirements
36 relating to third-party payments for prescription
37 drugs; providing requirements for the reports;
38 providing applicability; amending s. 627.6385, F.S.;
39 providing disclosure requirements relating to a
40 policyholder’s total cost-sharing requirement for
41 prescription drugs; providing applicability; amending
42 s. 627.64741, F.S.; requiring that specified contracts
43 require pharmacy benefit managers to apply payments by
44 or on behalf of insureds toward the insureds’ total
45 contributions to cost-sharing requirements; providing
46 applicability; providing disclosure requirements
47 relating to a policyholder’s total cost-sharing
48 requirement for prescription drugs; creating s.
49 627.65715, F.S.; defining the term “cost-sharing
50 requirement”; requiring specified group health
51 insurers and their pharmacy benefit managers to apply
52 payments for prescription drugs by or on behalf of
53 insureds toward the insureds’ total contributions to
54 cost-sharing requirements under certain circumstances;
55 providing construction; providing disclosure
56 requirements relating to an insured person’s total
57 cost-sharing requirement for prescription drugs;
58 requiring specified group health insurers to maintain
59 records of certain third-party payments for
60 prescription drugs; providing reporting requirements;
61 providing requirements for the reports; providing
62 applicability; amending s. 627.6572, F.S.; requiring
63 that specified contracts require pharmacy benefit
64 managers to apply payments by or on behalf of insureds
65 toward the insureds’ total contributions to cost
66 sharing requirements; providing applicability;
67 providing disclosure requirements; amending s.
68 627.6699, F.S.; requiring small employer carriers to
69 comply with certain requirements for prescription drug
70 formulary changes; amending s. 641.31, F.S.; providing
71 an exception to requirements relating to changes in a
72 health maintenance organization’s group contract;
73 requiring health maintenance organizations to provide
74 notice of prescription drug formulary changes within a
75 certain timeframe to current and prospective
76 subscribers and the subscribers’ treating physicians;
77 specifying requirements for the content of such notice
78 and the manner in which it must be provided;
79 specifying requirements for a notice of medical
80 necessity submitted by the treating physician;
81 authorizing health maintenance organizations to
82 provide certain means for submitting the notice of
83 medical necessity; requiring the commission to adopt a
84 certain form by rule by a specified date; specifying a
85 coverage requirement and restrictions on coverage
86 modification by health maintenance organizations
87 receiving a notice of medical necessity; providing
88 construction and applicability; requiring health
89 maintenance organizations to maintain a record of
90 formulary changes; requiring health maintenance
91 organizations to annually submit a specified report to
92 the office by a specified date; requiring the office
93 to annually compile certain data and prepare a report,
94 make the report publicly accessible on its website,
95 and submit the report to the Governor and the
96 Legislature by a specified date; defining the term
97 “cost-sharing requirement”; requiring specified health
98 maintenance organizations and their pharmacy benefit
99 managers to apply payments for prescription drugs by
100 or on behalf of subscribers toward the subscribers’
101 total contributions to cost-sharing requirements under
102 certain circumstances; providing construction;
103 providing disclosure requirements relating to the
104 subscriber’s total contributions to cost-sharing
105 requirements; requiring specified health maintenance
106 organizations to maintain records of certain third
107 party payments for prescription drugs; providing
108 reporting requirements; providing requirements for the
109 reports; providing applicability; amending s. 641.314,
110 F.S.; requiring that specified contracts require
111 pharmacy benefit managers to apply payments by or on
112 behalf of subscribers toward the subscribers’ total
113 contributions to cost-sharing requirements; providing
114 applicability; providing disclosure requirements
115 relating to a subscriber’s total cost-sharing
116 requirement for prescription drugs; amending s.
117 409.967, F.S.; conforming a cross-reference; amending
118 s. 641.185, F.S.; conforming a provision to changes
119 made by the act; providing applicability; providing a
120 declaration of important state interest; providing an
121 effective date.
122
123 Be It Enacted by the Legislature of the State of Florida:
124
125 Section 1. Section 627.42394, Florida Statutes, is created
126 to read:
127
627.42394

Health insurance policies; changes to

128
prescription drug formularies; requirements.—

129
(1)

At least 60 days before the effective date of any

130
change to a prescription drug formulary during a policy year, an

131
insurer issuing individual or group health insurance policies in

132
this state shall notify:

133
(a)

Current and prospective insureds of the change in the

134
formulary, in a readily accessible format on the insurer’s

135
website; and

136
(b)

Any insured currently receiving coverage for a

137
prescription drug for whom the formulary change modifies

138
coverage and the insured’s treating physician. Such notification

139
must be sent electronically and by first-class mail and must

140
include information on the specific drugs involved and a

141
statement that the submission of a notice of medical necessity

142
by the insured’s treating physician to the insurer at least 30

143
days before the effective date of the formulary change will

144
result in continuation of coverage at the existing level.

145
(2)

The notice of medical necessity provided by the

146
treating physician to the insurer must include a completed one

147
page form in which the treating physician certifies to the

148
insurer that the prescription drug for the insured is medically

149
necessary as defined in s. 627.732(2). The treating physician

150
shall submit the notice electronically or by first-class mail.

151
The insurer may provide the treating physician with access to an

152
electronic portal through which the treating physician may

153
electronically submit the notice. By January 1, 2027, the

154
commission shall adopt by rule a form for the notice.

155
(3)

If the treating physician certifies to the insurer in

156
accordance with subsection (2) that the prescription drug is

157
medically necessary for the insured, the insurer:

158
(a)

Must authorize coverage for the prescribed drug until

159
the end of the policy year, based solely on the treating

160
physician’s certification that the drug is medically necessary;

161
and

162
(b)

May not modify the coverage related to the covered drug

163
during the policy year by:

164
1.

Increasing the out-of-pocket costs for the covered drug;

165
2.

Moving the covered drug to a more restrictive tier;

166
3.

Denying an insured coverage of the drug for which the

167
insured has been previously approved for coverage by the

168
insurer; or

169
4.

Limiting or reducing coverage of the drug in any other

170
way, including subjecting it to a new prior authorization or

171
step-therapy requirement.

172
(4)

Subsections (1), (2), and (3) do not:

173
(a)

Prohibit the addition of prescription drugs to the list

174
of drugs covered under the policy during the policy year.

175
(b)

Apply to a grandfathered health plan as defined in s.

176
627.402 or to benefits specified in s. 627.6513.

177
(c)

Alter or amend s. 465.025, which provides conditions

178
under which a pharmacist may substitute a generically equivalent

179
drug product for a brand name drug product.

180
(d)

Alter or amend s. 465.0252, which provides conditions

181
under which a pharmacist may dispense a substitute biological

182
product for the prescribed biological product.

183
(e)

Apply to a Medicaid managed care plan under part IV of

184
chapter 409.

185
(5)

A health insurer shall maintain a record of any change

186
in its formulary during a calendar year. By March 1 of each

187
year, a health insurer shall submit to the office a report

188
delineating such changes made in the previous calendar year. The

189
annual report must include all of the following, at a minimum:

190
(a)

A list of all drugs removed from the formulary, along

191
with the date of the removal and the reasons for the removal.

192
(b)

A list of all drugs moved to a tier resulting in

193
additional out-of-pocket costs to insureds.

194
(c)

The number of insureds impacted by a change in the

195
formulary.

196
(d)

The number of insureds notified by the insurer of a

197
change in the formulary.

198
(e)

The increased cost, by dollar amount, incurred by

199
insureds because of such change in the formulary.

200
(6)

By May 1 of each year, the office shall:

201
(a)

Compile the data in the annual reports submitted by

202
health insurers under subsection (5) and prepare a report

203
summarizing such data.

204
(b)

Make the report publicly accessible on its website.

205
(c)

Submit the report to the Governor, the President of the

206
Senate, and the Speaker of the House of Representatives.

207 Section 2. Section 627.6383, Florida Statutes, is created
208 to read:
209
627.6383

Cost-sharing requirements.—

210
(1)

As used in this section, the term “cost-sharing

211
requirement” means a dollar limit, a deductible, a copayment,

212
coinsurance, or any other out-of-pocket expense imposed on an

213
insured, including, but not limited to, the annual limitation on

214
cost sharing subject to 42 U.S.C. s. 18022.

215
(2)(a)

Each health insurer issuing, delivering, or renewing

216
a policy in this state which provides prescription drug

217
coverage, or each pharmacy benefit manager on behalf of such

218
health insurer, shall apply any amount paid for a prescription

219
drug by an insured or by another person on behalf of the insured

220
toward the insured’s total contribution to any cost-sharing

221
requirement, if the prescription drug:

222
1.

Does not have a generic equivalent; or

223
2.

Has a generic equivalent and the insured has obtained

224
authorization for the prescription drug through any of the

225
following:

226
a.

Prior authorization from the health insurer or pharmacy

227
benefit manager.

228
b.

A step-therapy protocol.

229
c.

The exception or appeal process of the health insurer or

230
pharmacy benefit manager.

231
(b)

The amount paid by or on behalf of the insured which is

232
applied toward the insured’s total contribution to any cost

233
sharing requirement under paragraph (a) includes, but is not

234
limited to, any payment with or any discount through financial

235
assistance, a manufacturer copay card, a product voucher, or any

236
other reduction in out-of-pocket expenses made by or on behalf

237
of the insured for a prescription drug.

238
(c)1.

Each health insurer issuing, delivering, or renewing

239
a policy in this state which provides prescription drug

240
coverage, regardless of whether the prescription drug benefits

241
are administered or managed by the insurer or by a pharmacy

242
benefit manager on behalf of the insurer, shall maintain a

243
record of any third-party payments made or remitted on behalf of

244
an insured for prescription drugs, which payments are not

245
applied to the insured’s out-of-pocket obligations, including,

246
but not limited to, deductibles, copayments, or coinsurance.

247
2.

By March 1 of each year, each health insurer issuing,

248
delivering, or renewing a policy in this state which provides

249
prescription drug coverage, regardless of whether the

250
prescription drug benefits are administered or managed by the

251
insurer or by a pharmacy benefit manager on behalf of the

252
insurer, shall submit to the office a report delineating third

253
party payments, as described in subparagraph 1., which were

254
received in the previous calendar year. The annual report must

255
include, at a minimum:

256
a.

A list of all payments received by the health insurer,

257
as described in subparagraph 1., made or remitted by a third

258
party, which must include all of the following:

259
(I)

The date each payment was made.

260
(II)

The prescription drug for which the payment was made.

261
(III)

The reason that the payment was not applied to the

262
insured’s out-of-pocket obligations.

263
b.

The total amount of payments received by the health

264
insurer which were not applied to an insured’s out-of-pocket

265
maximum.

266
c.

The total number of insureds for whom a payment was made

267
which was not applied to an out-of-pocket maximum.

268
d.

Whether such payments were returned to the third party

269
that submitted the payment.

270
e.

The total amount of payments which were not returned to

271
the third party that submitted the payment.

272
(3)

This section applies to any health insurance policy

273
issued, delivered, or renewed in this state on or after January

274
1, 2027.

275 Section 3. Present subsections (2) and (3) of section
276 627.6385, Florida Statutes, are redesignated as subsections (3)
277 and (4), respectively, a new subsection (2) is added to that
278 section, and present subsection (2) of that section is amended,
279 to read:
280 627.6385 Disclosures to policyholders; calculations of cost
281 sharing.—
282
(2)

Each health insurer issuing, delivering, or renewing a

283
policy in this state which provides prescription drug coverage,

284
regardless of whether the prescription drug benefits are

285
administered or managed by the health insurer or by a pharmacy

286
benefit manager on behalf of the health insurer, shall disclose

287
on its website that any amount paid by a policyholder or by

288
another person on behalf of the policyholder must be applied

289
toward the policyholder’s total contribution to any cost-sharing

290
requirement pursuant to s. 627.6383. This subsection applies to

291
any policy issued, delivered, or renewed in this state on or

292
after January 1, 2027.

293
(3)
(2)
Each health insurer shall include in every policy
294 delivered or issued for delivery to any person in
this

the
state
295 or in materials provided as required by s. 627.64725
a
notice
296 that the information required by this section is available
297 electronically and the
website
address
of the website
where the
298 information can be accessed.
In addition, each health insurer

299
issuing, delivering, or renewing a policy in this state which

300
provides prescription drug coverage, regardless of whether the

301
prescription drug benefits are administered or managed by the

302
health insurer or by a pharmacy benefit manager on behalf of the

303
health insurer, shall disclose in every policy that is issued,

304
delivered, or renewed to any person in this state on or after

305
January 1, 2027, that any amount paid by a policyholder or by

306
another person on behalf of the policyholder must be applied

307
toward the policyholder’s total contribution to any cost-sharing

308
requirement pursuant to s. 627.6383.

309 Section 4. Paragraph (c) is added to subsection (2) of
310 section 627.64741, Florida Statutes, to read:
311 627.64741 Pharmacy benefit manager contracts.—
312 (2) In addition to the requirements of part VII of chapter
313 626, a contract between a health insurer and a pharmacy benefit
314 manager must require that the pharmacy benefit manager:
315
(c)1.

Apply any amount paid by an insured or by another

316
person on behalf of the insured toward the insured’s total

317
contribution to any cost-sharing requirement pursuant to s.

318
627.6383. This subparagraph applies to any insured whose

319
insurance policy is issued, delivered, or renewed in this state

320
on or after January 1, 2027.

321
2.

Disclose to every insured whose insurance policy is

322
issued, delivered, or renewed in this state on or after January

323
1, 2027, that the pharmacy benefit
manager is required to app
ly

324
any amount paid by the insured or by another person on behalf of

325
the insured toward the insured’s total contribution to any cost

326
sharing requirement pursuant to s. 627.6383.

327 Section 5. Section 627.65715, Florida Statutes, is created
328 to read:
329
627.65715

Cost-sharing requirements.—

330
(1)

As used in this section, the term “cost-sharing

331
requirement” means a dollar limit, a deductible, a copayment,

332
coinsurance, or any other out-of-pocket expense imposed on an

333
insured, including, but not limited to, the annual limitation on

334
cost sharing subject to 42 U.S.C. s. 18022.

335
(2)(a)

Each insurer issuing, delivering, or renewing a

336
policy in this state which provides prescription drug coverage,

337
or each pharmacy benefit manager on behalf of such insurer,

338
shall apply any amount paid for a prescription drug by an

339
insured or by another person on behalf of the insured toward the

340
insured’s total contribution to any cost-sharing requirement, if

341
the prescription drug:

342
1.

Does not have a generic equivalent; or

343
2.

Has a generic equivalent and the insured has obtained

344
authorization for the prescription drug through any of the

345
following:

346
a.

Prior authorization from the insurer or pharmacy benefit

347
manager.

348
b.

A step-therapy protocol.

349
c.

The exception or appeal process of the insurer or

350
pharmacy benefit manager.

351
(b)

The amount paid by or on behalf of the insured which is

352
applied toward the insured’s total contribution to any cost

353
sharing requirement under paragraph (a) includes, but is not

354
limited to, any payment with or any discount through financial

355
assistance, a manufacturer copay card, a product voucher, or any

356
other reduction in out-of-pocket expenses made by or on behalf

357
of the insured for a prescription drug.

358
(3)(a)

Each insurer issuing, delivering, or renewing a

359
policy in this state which provides prescription drug coverage,

360
regardless of whether the prescription drug benefits are

361
administered or managed by the insurer or by a pharmacy benefit

362
manager on behalf of the insurer, shall disclose on its website

363
and in every policy issued, delivered, or renewed in this state

364
on or after January 1, 2027, that any amount paid by an insured

365
or by another person on behalf of the insured must be applied

366
toward the insured’s total contribution to any cost-sharing

367
requirement.

368
(b)1.

Each insurer issuing, delivering, or renewing a

369
policy in this state which provides prescription drug coverage,

370
regardless of whether the prescription drug benefits are

371
administered or managed by the insurer or by a pharmacy benefit

372
manager on behalf of the insurer, shall maintain a record of any

373
third-party payments made or remitted on behalf of an insured

374
for prescription drugs, which payments are not applied to the

375
insured’s out-of-pocket obligations, including, but not limited

376
to, deductibles, copayments, or coinsurance.

377
2.

By March 1 of each year, each health insurer issuing,

378
delivering, or renewing a policy in this state which provides

379
prescription drug coverage, regardless of whether the

380
prescription drug benefits are administered or managed by the

381
insurer or by a pharmacy benefit manager on behalf of the

382
insurer, shall submit to the office a report delineating third

383
party payments, as described in subparagraph 1., which were

384
received in the previous calendar year. The annual report must

385
include, at a minimum:

386
a.

A list of all payments received by the health insurer,

387
as described in subparagraph 1., made or remitted by a third

388
party, which must include:

389
(I)

The date each payment was made.

390
(II)

The prescription drug for which the payment was made.

391
(III)

The reason that the payment was not applied to the

392
insured’s out-of-pocket obligations.

393
b.

The total amount of payments received by the health

394
insurer which were not applied to an insured’s out-of-pocket

395
maximum.

396
c.

The total number of insureds for whom a payment was made

397
which was not applied to an out-of-pocket maximum.

398
d.

Whether such payments were returned to the third party

399
that submitted the payment.

400
e.

The total amount of payments which were not returned to

401
the third party that submitted the payment.

402
(4)

This section applies to any group health insurance

403
policy issued, delivered, or renewed in this state on or after

404
January 1, 2027.

405 Section 6. Paragraph (c) is added to subsection (2) of
406 section 627.6572, Florida Statutes, to read:
407 627.6572 Pharmacy benefit manager contracts.—
408 (2) In addition to the requirements of part VII of chapter
409 626, a contract between a health insurer and a pharmacy benefit
410 manager must require that the pharmacy benefit manager:
411
(c)1.

Apply any amount paid by an insured or by another

412
person on behalf of the insured toward the insured’s total

413
contribution to any cost-sharing requirement pursuant to s.

414
627.65715. This subparagraph applies to any insured whose

415
insurance policy is issued, delivered, or renewed in this state

416
on or after January 1, 2027.

417
2.

Disclose to every insured whose insurance policy is

418
issued, delivered, or renewed in this state on or after January

419
1, 2027, that the pharmacy benefit manager is required to apply

420
any amount paid by the insured or by another person on behalf of

421
the insured toward the insured’s total contribution to any cost

422
sharing requirement pursuant to s. 627.65715.

423 Section 7. Paragraph (e) of subsection (5) of section
424 627.6699, Florida Statutes, is amended to read:
425 627.6699 Employee Health Care Access Act.—
426 (5) AVAILABILITY OF COVERAGE.—
427 (e) All health benefit plans issued under this section must
428 comply with the following conditions:
429 1. For employers who have fewer than two employees, a late
430 enrollee may be excluded from coverage for no longer than 24
431 months if he or she was not covered by creditable coverage
432 continually to a date not more than 63 days before the effective
433 date of his or her new coverage.
434 2. Any requirement used by a small employer carrier in
435 determining whether to provide coverage to a small employer
436 group, including requirements for minimum participation of
437 eligible employees and minimum employer contributions, must be
438 applied uniformly among all small employer groups having the
439 same number of eligible employees applying for coverage or
440 receiving coverage from the small employer carrier, except that
441 a small employer carrier that participates in, administers, or
442 issues health benefits pursuant to s. 381.0406 which do not
443 include a preexisting condition exclusion may require as a
444 condition of offering such benefits that the employer has had no
445 health insurance coverage for its employees for a period of at
446 least 6 months. A small employer carrier may vary application of
447 minimum participation requirements and minimum employer
448 contribution requirements only by the size of the small employer
449 group.
450 3. In applying minimum participation requirements with
451 respect to a small employer, a small employer carrier
may

shall

452 not consider as an eligible employee employees or dependents who
453 have qualifying existing coverage in an employer-based group
454 insurance plan or an ERISA qualified self-insurance plan in
455 determining whether the applicable percentage of participation
456 is met. However, a small employer carrier may count eligible
457 employees and dependents who have coverage under another health
458 plan that is sponsored by that employer.
459 4. A small employer carrier
may

shall
not increase any
460 requirement for minimum employee participation or any
461 requirement for minimum employer contribution applicable to a
462 small employer at any time after the small employer has been
463 accepted for coverage, unless the employer size has changed, in
464 which case the small employer carrier may apply the requirements
465 that are applicable to the new group size.
466 5. If a small employer carrier offers coverage to a small
467 employer, it must offer coverage to all the small employer’s
468 eligible employees and their dependents. A small employer
469 carrier may not offer coverage limited to certain persons in a
470 group or to part of a group, except with respect to late
471 enrollees.
472 6. A small employer carrier may not modify any health
473 benefit plan issued to a small employer with respect to a small
474 employer or any eligible employee or dependent through riders,
475 endorsements, or otherwise to restrict or exclude coverage for
476 certain diseases or medical conditions otherwise covered by the
477 health benefit plan.
478 7. An initial enrollment period of at least 30 days must be
479 provided. An annual 30-day open enrollment period must be
480 offered to each small employer’s eligible employees and their
481 dependents. A small employer carrier must provide special
482 enrollment periods as required by s. 627.65615.
483
8.

A small employer carrier shall comply with s. 627.65715

484
for any change to a prescription drug formulary.

485 Section 8. Subsection (36) of section 641.31, Florida
486 Statutes, is amended, and subsection (48) is added to that
487 section, to read:
488 641.31 Health maintenance contracts.—
489 (36)
Except as provided in paragraphs (a), (b), and (c),
a
490 health maintenance organization may increase the copayment for
491 any benefit, or delete, amend, or limit any of the benefits to
492 which a subscriber is entitled under the group contract only,
493 upon written notice to the contract holder at least 45 days in
494 advance of the time of coverage renewal. The health maintenance
495 organization may amend the contract with the contract holder,
496 with such amendment to be effective immediately at the time of
497 coverage renewal. The written notice to the contract holder
must

498
shall
specifically identify any deletions, amendments, or
499 limitations to any of the benefits provided in the group
500 contract during the current contract period which will be
501 included in the group contract upon renewal. This subsection
502 does not apply to any increases in benefits. The 45-day notice
503 requirement
does

shall
not apply if benefits are amended,
504 deleted, or limited at the request of the contract holder.
505
(a)

At least 60 days before the effective date of any

506
change to a prescription drug formulary during a contract year,

507
a health maintenance organization shall notify:

508
1.

Current and prospective subscribers of the change in the

509
formulary, in a readily accessible format on the health

510
maintenance organization’s website; and

511
2.

Any subscriber currently receiving coverage for a

512
prescription drug for whom the formulary change modifies

513
coverage and the subscriber’s treating physician. Such

514
notification must be sent electronically and by first-class mail

515
and must include information on the specific drugs involved and

516
a statement that the submission of a notice of medical necessity

517
by the subscriber’s treating physician to the health maintenance

518
organization at least 30 days before the effective date of the

519
formulary change will result in continuation of coverage at the

520
existing level.

521
(b)

The notice of medical necessity provided by the

522
treating physician to the health maintenance organization must

523
include a completed one-page form in which the treating

524
physician certifies to the health maintenance organization that

525
the prescription drug for the subscriber is medically necessary

526
as defined in s. 627.732(2). The treating physician shall submit

527
the notice electronically or by first-class mail. The health

528
maintenance organization may provide the treating physician with

529
access to an electronic portal through which the treating

530
physician may electronically submit the notice. By January 1,

531
2027, the commission shall adopt by rule a form for the notice.

532
(c)

If the treating physician certifies to the health

533
maintenance organization in accordance with paragraph (b) that

534
the prescription drug is medically necessary for the subscriber,

535
the health maintenance organization:

536
1.

Must authorize coverage for the prescribed drug until

537
the end of the contract year, based solely on the treating

538
physician’s certification that the drug is medically necessary;

539
and

540
2.

May not modify the coverage related to the covered drug

541
during the contract year by:

542
a.

Increasing the out-of-pocket costs for the covered drug;

543
b.

Moving the covered drug to a more restrictive tier;

544
c.

Denying a subscriber coverage of the drug for which the

545
subscriber has been previously approved for coverage by the

546
health maintenance organization; or

547
d.

Limiting or reducing coverage of the drug in any other

548
way, including subjecting it to a new prior authorization or

549
step-therapy requirement.

550
(d)

Paragraphs (a), (b), and (c) do not:

551
1.

Prohibit the addition of prescription drugs to the list

552
of drugs covered under the contract during the contract year.

553
2.

Apply to a grandfathered health plan as defined in s.

554
627.402 or to benefits specified in s. 627.6513.

555
3.

Alter or amend s. 465.025, which provides conditions

556
under which a pharmacist may substitute a generically equivalent

557
drug product for a brand name drug product.

558
4.

Alter or amend s. 465.0252, which provides conditions

559
under which a pharmacist may dispense a substitute biological

560
product for the prescribed biological product.

561
5.

Apply to a Medicaid managed care plan under part IV of

562
chapter 409.

563
(e)

A health maintenance organization shall maintain a

564
record of any change in its formulary during a calendar year. By

565
March 1 of each year, a health maintenance organization shall

566
submit to the office a report delineating such changes made in

567
the previous calendar year. The annual report must include, at a

568
minimum:

569
1.

A list of all drugs removed from the formulary, along

570
with the date of the removal and the reasons for the removal.

571
2.

A list of all drugs moved to a tier resulting in

572
additional out-of-pocket costs to subscribers.

573
3.

The number of subscribers impacted by a change in the

574
formulary
.

575
4.

The number of subscribers notified by the health

576
maintenance organization of a change in the formulary.

577
5.

The increased cost, by dollar amount, incurred by

578
subscribers because of such change in the formulary.

579
(f)

By May 1 of each year, the office shall:

580
1.

Compile the data in the annual reports submitted by

581
health maintenance organizations under paragraph (e) and prepare

582
a report summarizing such data;

583
2.

Make the report publicly accessible on its website; and

584
3.

Submit the report to the Governor, the President of the

585
Senate, and the Speaker of the House of Representatives.

586
(48)(a)

As used in this subsection, the term “cost-sharing

587
requirement” means a dollar limit, a deductible, a copayment,

588
coinsurance, or any other out-of-pocket expense imposed on a

589
subscriber, including, but not limited to, the annual limitation

590
on cost sharing subject to 42 U.S.C. s. 18022.

591
(b)1.

Each health maintenance organization issuing,

592
delivering, or renewing a health maintenance contract or

593
certificate in this state which provides prescription drug

594
coverage, or each pharmacy benefit manager on behalf of such

595
health maintenance organization, shall apply any amount paid for

596
a prescription drug by a subscriber or by another person on

597
behalf of the subscriber toward the subscriber’s total

598
contribution to any cost-sharing requirement if the prescription

599
drug:

600
a.

Does not have a generic equivalent; or

601
b.

Has a generic equivalent and the subscriber has obtained

602
authorization for the prescription drug through any of the

603
following:

604
(I)

Prior authorization from the health maintenance

605
organization or pharmacy benefit manager.

606
(II)

A step-therapy protocol.

607
(III)

The exception or appeal process of the health

608
maintenance organization or pharmacy benefit manager.

609
2.

The amount paid by or on behalf of the subscriber which

610
is applied toward the subscriber’s total contribution to any

611
cost-sharing requirement under subparagraph 1. includes, but is

612
not limited to, any payment with or any discount through

613
financial assistance, a manufacturer copay card, a product

614
voucher, or any other reduction in out-of-pocket expenses made

615
by or on behalf of the subscriber for a prescription drug.

616
(c)

Each health maintenance organization issuing,

617
delivering, or renewing a health maintenance contract or

618
certificate in this state which provides prescription drug

619
coverage, regardless of whether the prescription drug benefits

620
are administered or managed by the health maintenance

621
organization or by a pharmacy benefit manager on behalf of the

622
health maintenance organization, shall disclose on its website

623
and in every subscriber’s health maintenance contract,

624
certificate, or member handbook issued, delivered, or renewed in

625
this state on or after January 1, 2027, that any amount paid by

626
a subscriber or by another person on behalf of the subscriber

627
must be applied toward the subscriber’s total contribution to

628
any cost-sharing requirement.

629
(d)1.

A health maintenance organization issuing,

630
delivering, or renewing a health maintenance contract or

631
certificate in this state which provides prescription drug

632
coverage, regardless of whether the prescription drug benefits

633
are administered or managed by the health maintenance

634
organization or by a pharmacy benefit manager on behalf of the

635
health maintenance organization, shall maintain a record of any

636
third-party payments made or remitted on behalf of a subscriber

637
for prescription drugs, which payments are not applied to the

638
subscriber’s out-of-pocket obligations, including, but not

639
limited to, deductibles, copayments, or coinsurance.

640
2.

By March 1 of each year, a health maintenance

641
organization shall submit to the office a report delineating

642
third-party payments, as described in subparagraph 1., which

643
were received in the previous calendar year. The annual report

644
must include, at a minimum:

645
a.

A list of all payments received by the health

646
maintenance organization, as described in subparagraph 1., made

647
or remitted by a third party, which must include:

648
(I)

The date each payment was made.

649
(II)

The prescription drug for which the payment was made.

650
(III)

The reason that the payment was not applied to the

651
subscriber’s out-of-pocket obligations.

652
b.

The total amount of payments received by the health

653
maintenance organization which were not applied to a

654
subscriber’s out-of-pocket maximum.

655
c.

The total number of subscribers for whom a payment was

656
made which was not applied to an out-of-pocket maximum.

657
d.

Whether such payments were returned to the third party

658
that submitted the payment.

659
e.

The total amount of payments which were not returned to

660
the third party that submitted the payment.

661
(e)

This subsection applies to any health maintenance

662
contract, certificate, or member handbook issued, delivered, or

663
renewed in this state on or after January 1, 2027.

664 Section 9. Paragraph (c) is added to subsection (2) of
665 section 641.314, Florida Statutes, to read:
666 641.314 Pharmacy benefit manager contracts.—
667 (2) In addition to the requirements of part VII of chapter
668 626, a contract between a health maintenance organization and a
669 pharmacy benefit manager must require that the pharmacy benefit
670 manager:
671
(c)1.

Apply any amount paid by a subscriber or by another

672
person on behalf of the subscriber toward the subscriber’s total

673
contribution to any cost-sharing requirement pursuant to s.

674
641.31(48). This subparagraph applies to any subscriber whose

675
health maintenance contract or certificate is issued, delivered,

676
or renewed in this state on or after January 1, 2027.

677
2.

Disclose to every subscriber whose health maintenance

678
contract or certificate is issued, delivered, or renewed in this

679
state on or after January 1, 2027, that the pharmacy benefit

680
manager is required to apply any amount paid by the subscriber

681
or by another person on behalf of the subscriber toward the

682
subscriber’s total contribution to any cost-sharing requirement

683
pursuant to s. 641.31(48).

684 Section 10. Paragraph (o) of subsection (2) of section
685 409.967, Florida Statutes, is amended to read:
686 409.967 Managed care plan accountability.—
687 (2) The agency shall establish such contract requirements
688 as are necessary for the operation of the statewide managed care
689 program. In addition to any other provisions the agency may deem
690 necessary, the contract must require:
691 (o)
Transparency.
—Managed care plans shall comply with
ss.

692
627.6385(4) and 641.54(7)

ss. 627.6385(3
)
and 641.54(7)
.
693 Section 11. Paragraph (k) of subsection (1) of section
694 641.185, Florida Statutes, is amended to read:
695 641.185 Health maintenance organization subscriber
696 protections.—
697 (1) With respect to the provisions of this part and part
698 III, the principles expressed in the following statements serve
699 as standards to be followed by the commission, the office, the
700 department, and the Agency for Health Care Administration in
701 exercising their powers and duties, in exercising administrative
702 discretion, in administrative interpretations of the law, in
703 enforcing its provisions, and in adopting rules:
704 (k) A health maintenance organization subscriber shall be
705 given a copy of the applicable health maintenance contract,
706 certificate, or member handbook specifying: all the provisions,
707 disclosure, and limitations required pursuant to s. 641.31(1)
,

708
and
(4)
, and (48)
; the covered services, including those
709 services, medical conditions, and provider types specified in
710 ss. 641.31, 641.31094, 641.31095, 641.31096, 641.51(11), and
711 641.513; and where and in what manner services may be obtained
712 pursuant to s. 641.31(4).
713 Section 12.
This act applies to health insurance policies,

714
health benefit plans, and health maintenance contracts entered

715
into or renewed on or after January 1, 2027.

716 Section 13.
The Legislature finds that this act fulfills an

717
important state interest.

718 Section 14. This act shall take effect July 1, 2026.