International Drug Reference Pricing
Summary
International Drug Reference Pricing; Requires prescription drug manufacturer permitholders to annually report certain international price data to AHCA; provides for administrative enforcement via specified fine & permit suspension; requires AHCA to contract with entity to designate reference price source countries & establish reference prices for prescription drugs based on certain criteria; requires agency contractor to weigh reference price benchmark value of such countries in two or more tiers, using specified criteria; requires agency contractor to analyze specified data to compare prices among source countries using specified exchange rate source; requires agency contractor to establish reference price for prescribed drugs or products; requires agency contractor to provide reference prices by specified date each year; requires AHCA to publish prices online within specified time; requires pharmacies to charge no more than reference price for cash-paying patients; requires certain health insurers to provide reimbursement for certain prescription drugs no higher than reference price; requires health insurers to use certain savings to offset certain payer costs; requires each health insurer to document anticipated savings & premium reductions in rate filings following availability of reference prices; requires each health insurer to assess actuarial effect of reference pricing program for each insurer product for each plan year; requires each health insurer to submit annual report on assessed effect of such program to OIR or AHCA; requires OIR & AHCA to submit joint report to Governor & Legislature; requires every health maintenance organization to comply with provisions of specified section.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 6, 2024
Last action Mar 8, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
11
Key actions
5
Committee
8
Jan 23, 2024
Lower · Passed
Now in Appropriations Committee
lower
Jan 23, 2024
Lower · Passed
Reported out of Select Committee on Health Innovation
lower
Jan 22, 2024
Lower · Passed
Favorable by Select Committee on Health Innovation
lower
Jan 18, 2024
Lower · Passed
Added to Select Committee on Health Innovation agenda
lower
Jan 13, 2024
Lower · Passed
Now in Select Committee on Health Innovation
lower
Jan 13, 2024
Committee
Referred to Health & Human Services Committee
lower
Jan 13, 2024
Committee
Referred to Appropriations Committee
lower
Jan 13, 2024
Committee
Referred to Select Committee on Health Innovation
lower
2 primary · 0 co-sponsors
Sponsors
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