Florida Senate - 2023                        COMMITTEE AMENDMENT
       Bill No. SB 1550
       
       
       
       
       
       
                                Ì297190/Î297190                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  03/28/2023           .                                
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       The Committee on Health Policy (Brodeur) recommended the
       following:
       
    1         Senate Amendment to Amendment (100780) (with title
    2  amendment)
    3  
    4         Delete lines 610 - 623
    5  and insert:
    6         (d) Require the pharmacy benefit manager to pass 100
    7  percent of all prescription drug manufacturer rebates, including
    8  nonresident manufacturer rebates, received to the pharmacy
    9  benefits plan or program, if the contractual arrangement
   10  delegates the negotiation of rebates to the pharmacy benefit
   11  manager, for the sole purpose of offsetting defined cost sharing
   12  and reducing premiums of covered persons. Any excess rebate
   13  revenue after the pharmacy benefit manager and the pharmacy
   14  benefits plan or program have taken all actions required under
   15  this paragraph must be used for the sole purpose of offsetting
   16  copayments and deductibles of covered persons. This paragraph
   17  does not apply to contracts involving Medicaid managed care
   18  plans.
   19  
   20  ================= T I T L E  A M E N D M E N T ================
   21  And the title is amended as follows:
   22         Delete lines 1250 - 1251
   23  and insert:
   24         pharmacy; specifying requirements for certain