Florida Senate - 2026                      CS for CS for SB 1760
       
       
        
       By the Committees on Appropriations; and Health Policy; and
       Senators Brodeur, Gaetz, Rouson, Massullo, Garcia, and Harrell
       
       
       
       
       576-03338-26                                          20261760c2
    1                        A bill to be entitled                      
    2         An act relating to health care coverage; amending s.
    3         1.01, F.S.; defining the term “Joint Legislative
    4         Committee on Medicaid Oversight”; creating s. 11.405,
    5         F.S.; establishing the Joint Legislative Committee on
    6         Medicaid Oversight for specified purposes; providing
    7         for membership, subcommittees, and meetings of the
    8         committee; specifying duties of the committee;
    9         authorizing the committee to submit periodic reports
   10         to the Legislature; requiring the Auditor General and
   11         the Agency for Health Care Administration to enter
   12         into and maintain a data sharing agreement for a
   13         certain purpose by a specified date; requiring the
   14         Auditor General to assist the committee by providing
   15         certain staff or consulting services; requiring state
   16         agencies, political subdivisions of the state, and
   17         entities contracted with state agencies to give the
   18         committee access to certain records, papers, and
   19         documents; authorizing the committee to compel
   20         testimony and evidence according to specified
   21         provisions; providing for additional powers of the
   22         committee; providing that certain joint rules of the
   23         Legislature apply to the proceedings of the committee;
   24         requiring the agency to notify the committee of
   25         certain changes and provide a report containing
   26         specified information to the committee; requiring the
   27         agency to submit a copy of certain reports to the
   28         committee; amending s. 409.962, F.S.; defining terms;
   29         amending s. 409.967, F.S.; revising encounter data
   30         reporting requirements for prepaid Medicaid plans;
   31         requiring that the agency’s analysis of such encounter
   32         data include identification of specified occurrences;
   33         requiring the agency to use such analysis in setting
   34         managed care plan capitation rates; requiring that
   35         managed care plan contracts require any third-party
   36         administrative entity contracted with the plan to
   37         adhere to specified requirements; specifying
   38         additional types of payments which may not be included
   39         in calculating income for purposes of the achieved
   40         savings rebate; requiring, rather than authorizing,
   41         the agency to calculate the medical loss ratio for all
   42         managed care plans under certain circumstances;
   43         revising requirements for the calculation of medical
   44         loss ratios; requiring the agency to report medical
   45         loss ratios quarterly and annually for each managed
   46         care plan to the Governor and the Legislature within a
   47         specified timeframe; requiring the agency to ensure
   48         oversight of affiliated entities and related parties
   49         paid by managed care plans; requiring the agency to
   50         examine specified records and data related to such
   51         entities and parties; requiring the agency to consider
   52         certain data and findings when developing managed care
   53         plan capitation rates; revising the income sharing
   54         ratios used to calculate the achieved savings rebate
   55         beginning on a specified date; creating s. 409.9675,
   56         F.S.; requiring managed care plans to report to the
   57         agency and the Office of Insurance Regulation the
   58         existence of and specified details relating to certain
   59         affiliations by a specified date and annually
   60         thereafter; requiring managed care plans to report any
   61         change in such information to the agency and the
   62         office in writing within a specified timeframe;
   63         requiring the agency to calculate, analyze, and
   64         publicly report on the agency’s website an assessment
   65         of affiliated entity payment transactions in the
   66         Medicaid program and certain administrative costs by a
   67         specified date and annually thereafter; providing
   68         requirements for the assessment; amending s. 626.8825,
   69         F.S.; defining the term “affiliated manufacturer”;
   70         revising the definition of the term “pharmacy benefits
   71         plan or program”; revising requirements for contracts
   72         between a pharmacy benefit manager and a participating
   73         pharmacy; revising the frequency of and deadlines for
   74         certain reports pharmacy benefit managers are required
   75         to submit to the office beginning on a specified date;
   76         amending s. 626.8827, F.S.; revising and specifying
   77         additional practices pharmacy benefit managers are
   78         prohibited from engaging in; amending s. 627.42392,
   79         F.S.; conforming a cross-reference; providing
   80         effective dates.
   81          
   82  Be It Enacted by the Legislature of the State of Florida:
   83  
   84         Section 1. Effective upon this act becoming a law,
   85  subsection (20) is added to section 1.01, Florida Statutes, to
   86  read:
   87         1.01 Definitions.—In construing these statutes and each and
   88  every word, phrase, or part hereof, where the context will
   89  permit:
   90         (20)The term “Joint Legislative Committee on Medicaid
   91  Oversight” means a committee or committees designated by joint
   92  rule of the Legislature, by the President of the Senate or the
   93  Speaker of the House of Representatives, or by agreement between
   94  the President of the Senate and the Speaker of the House of
   95  Representatives.
   96         Section 2. Effective upon this act becoming a law, section
   97  11.405, Florida Statutes, is created to read:
   98         11.405 Joint Legislative Committee on Medicaid Oversight.
   99  The Joint Legislative Committee on Medicaid Oversight is created
  100  to ensure that the state Medicaid program is operating in
  101  accordance with the Legislature’s intent and to promote
  102  transparency and efficiency in government spending.
  103         (1)MEMBERSHIP; SUBCOMMITTEES; MEETINGS.—
  104         (a)The committee shall be composed of five members of the
  105  Senate appointed by the President of the Senate and five members
  106  of the House of Representatives appointed by the Speaker of the
  107  House of Representatives, with each member serving a 2-year
  108  term. The chair and vice chair shall each be appointed for 1
  109  year terms, with the appointments alternating between the
  110  President of the Senate and the Speaker of the House of
  111  Representatives. The chair and vice chair may not be members of
  112  the same house of the Legislature. If both the chair and vice
  113  chair are absent from any meeting, the members present must
  114  elect a temporary chair by a majority vote.
  115         (b)Members shall serve without compensation but may be
  116  reimbursed for per diem and travel expenses pursuant to s.
  117  112.061.
  118         (c)The chair may establish subcommittees as needed to
  119  fulfill the committee’s duties.
  120         (d)The committee shall convene at least twice a year, and
  121  as often as necessary to conduct its business as required under
  122  this section. Meetings may be held through teleconference or
  123  other electronic means.
  124         (2)COMMITTEE DUTIES.—
  125         (a)The committee shall evaluate all aspects of the state
  126  Medicaid program related to program financing, quality of care
  127  and health outcomes, administrative functions, and operational
  128  functions to ensure that the program is providing transparency
  129  in the provision of health care plans and providers, ensuring
  130  Medicaid recipients have access to quality health care services
  131  and providing stability to the state’s budget through a health
  132  care delivery system designed to contain costs.
  133         (b)The committee shall identify and recommend policies
  134  that limit Medicaid spending growth while improving health care
  135  outcomes for Medicaid recipients. In developing its
  136  recommendations, the committee shall do all of the following:
  137         1.Evaluate legislation for its long-term impact on the
  138  state Medicaid program.
  139         2.Review data submitted to the Agency for Health Care
  140  Administration by the Medicaid managed care plans pursuant to
  141  statutory and contract requirements, including, but not limited
  142  to, timeliness of provider credentialing, timely payment of
  143  claims, rate of claim denials, prior authorizations for
  144  services, and consumer complaints.
  145         3.Review the Medicaid managed care plans’ encounter data,
  146  financial data, and audits and the data used to calculate the
  147  plans’ achieved savings rebates and medical loss ratios.
  148         4.Review data related to health outcomes of Medicaid
  149  recipients, including, but not limited to, Healthcare
  150  Effectiveness Data and Information Set measures developed by the
  151  National Committee for Quality Assurance, for each Medicaid
  152  managed care plan, each Medicaid managed care plan’s performance
  153  improvement projects, and outcome data related to all quality
  154  goals included in the Medicaid managed care organization
  155  contracts to improve quality for recipients.
  156         5.Identify any areas for improvement in the laws and rules
  157  relating to the state Medicaid program.
  158         6.Develop a plan of action for the future of the state
  159  Medicaid program.
  160         (c)The committee may submit periodic reports, including
  161  recommendations, to the Legislature on issues related to the
  162  state Medicaid program and any affiliated programs.
  163         (3)COOPERATION.—
  164         (a)The Auditor General and the Agency for Health Care
  165  Administration shall enter into and maintain a data sharing
  166  agreement by July 1, 2026, to ensure the committee has full
  167  access to all data needed to fulfill its responsibilities.
  168         (b)The Auditor General shall assist the committee in its
  169  work by providing credentialed professional staff or consulting
  170  services, including, but not limited to, an actuary not
  171  associated with the state Medicaid program or any Medicaid
  172  managed care organization who currently has a contract with the
  173  state.
  174         (c)The committee, in the course of its official duties,
  175  must be given access to any relevant record, paper, or document
  176  in possession of a state agency, any political subdivision of
  177  the state, or any entity engaged in business or under contract
  178  with a state agency, and may compel the attendance and testimony
  179  of any state official or employee before the committee or secure
  180  any evidence as provided in s. 11.143. The committee may also
  181  have any other powers conferred on it by joint rules of the
  182  Senate and the House of Representatives, and any joint rules of
  183  the Senate and the House of Representatives applicable to joint
  184  legislative committees apply to the proceedings of the committee
  185  under this section.
  186         (4)AGENCY REPORTS.—
  187         (a)Before implementing any change to the Medicaid managed
  188  care capitation rates, the Agency for Health Care Administration
  189  shall notify the committee of the change and appear before the
  190  committee to provide a report detailing the managed care
  191  capitation rates and administrative costs built into the
  192  capitation rates. The report must include the agency’s
  193  historical and projected Medicaid program expenditure and
  194  utilization trend rates by Medicaid program and service category
  195  for the rate year, an explanation of the manner in which the
  196  trend rates were calculated, and the policy decisions that were
  197  included in setting the capitation rates.
  198         (b)If the Agency for Health Care Administration or any
  199  division within the agency is required by law to report to the
  200  Legislature or to any legislative committee or subcommittee on
  201  matters relating to the state Medicaid program, the agency must
  202  also submit a copy of the report to the committee.
  203         Section 3. Present subsections (2) through (5), (6) through
  204  (10), and (11) through (18) of section 409.962, Florida
  205  Statutes, are redesignated as subsections (3) through (6), (8)
  206  through (12), and (14) through (21), respectively, and new
  207  subsections (2), (7), and (13) are added to that section, to
  208  read:
  209         409.962 Definitions.—As used in this part, except as
  210  otherwise specifically provided, the term:
  211         (2) “Affiliate,” including the terms “affiliated with” and
  212  “affiliation,” means a person, as construed in s. 1.01(3), who:
  213         (a)Directly or indirectly, through one or more
  214  intermediaries, controls, is controlled by, or is under common
  215  control with a specified entity or person, including parent and
  216  subsidiary entities; or
  217         (b)Is deemed a “related party” according to the standards
  218  adopted by the Financial Accounting Standards Board.
  219         (7) “Control,” including the terms “controlling,”
  220  “controlled by,” and “under common control with,” means the
  221  possession, direct or indirect, of the power to direct or cause
  222  the direction of the management and policies of a person,
  223  whether through the ownership or voting securities, by contract
  224  other than a commercial contract for goods or nonmanagement
  225  services, or otherwise, unless the power is the result of an
  226  official position with or corporate office held by the person.
  227  This definition applies regardless of whether such power is
  228  affirmative or negative or whether such power is actually used.
  229  Control is presumed to exist, but is not limited to, when any
  230  affiliate or person, as construed in s. 1.01(3):
  231         (a)Directly or indirectly owns, controls, holds the power
  232  to vote, or holds proxies representing 10 percent or more of any
  233  class of the voting securities of any other person.
  234         (b)Shares common ownership with any person; has an
  235  investor or is a holder of an ownership interest in any person;
  236  exercises control in any manner over the election of a majority
  237  of the directors or of individuals exercising similar functions
  238  of any person; has the power to exercise controlling influence
  239  over the management of any person; or serves as a working
  240  majority of the board of directors, the managers, or the
  241  officers of a person, who is:
  242         1.A provider or a member of a provider group or group
  243  practice as defined in s. 456.053(3) under the managed care
  244  plan; or
  245         2.A person responsible for providing any pharmacy
  246  services, pharmaceuticals, diagnostics, care coordination, care
  247  delivery, health care services, medical equipment,
  248  administrative services, or financial services under the managed
  249  care plan.
  250         (13) Market rate means the price that a willing buyer
  251  will pay and a willing seller will accept in an arms-length
  252  transaction which is beneficial to both parties.
  253         Section 4. Subsections (1) and (2), paragraph (h) of
  254  subsection (3), and subsection (4) of section 409.967, Florida
  255  Statutes, are amended, and subsection (5) is added to that
  256  section, to read:
  257         409.967 Managed care plan accountability.—
  258         (1) CONTRACT PROCUREMENT PROCESS.—Beginning with the
  259  contract procurement process initiated during the 2023 calendar
  260  year, the agency shall establish a 6-year contract with each
  261  managed care plan selected through the procurement process
  262  described in s. 409.966. A plan contract may not be renewed;
  263  however, the agency may extend the term of a plan contract to
  264  cover any delays during the transition to a new plan. The agency
  265  shall extend until December 31, 2024, the term of existing plan
  266  contracts awarded pursuant to the invitation to negotiate
  267  published in July 2017.
  268         (2) CONTRACT REQUIREMENTS.—The agency shall establish such
  269  contract requirements as are necessary for the operation of the
  270  statewide managed care program. In addition to any other
  271  provisions the agency may deem necessary, the contract must
  272  require:
  273         (a) Physician compensation.—Managed care plans are expected
  274  to coordinate care, manage chronic disease, and prevent the need
  275  for more costly services. Effective care management should
  276  enable plans to redirect available resources and increase
  277  compensation for physicians. Plans achieve this performance
  278  standard when physician payment rates equal or exceed Medicare
  279  rates for similar services. The agency may impose fines or other
  280  sanctions on a plan that fails to meet this performance standard
  281  after 2 years of continuous operation.
  282         (b) Emergency services.—Managed care plans shall pay for
  283  services required by ss. 395.1041 and 401.45 and rendered by a
  284  noncontracted provider. The plans must comply with s. 641.3155.
  285  Reimbursement for services under this paragraph is the lesser
  286  of:
  287         1. The provider’s charges;
  288         2. The usual and customary provider charges for similar
  289  services in the community where the services were provided;
  290         3. The charge mutually agreed to by the entity and the
  291  provider within 60 days after submittal of the claim; or
  292         4. The Medicaid rate, which, for the purposes of this
  293  paragraph, means the amount the provider would collect from the
  294  agency on a fee-for-service basis, less any amounts for the
  295  indirect costs of medical education and the direct costs of
  296  graduate medical education that are otherwise included in the
  297  agency’s fee-for-service payment, as required under 42 U.S.C. s.
  298  1396u-2(b)(2)(D). For the purpose of establishing the amounts
  299  specified in this subparagraph, the agency shall publish on its
  300  website annually, or more frequently as needed, the applicable
  301  fee-for-service fee schedules and their effective dates, less
  302  any amounts for indirect costs of medical education and direct
  303  costs of graduate medical education that are otherwise included
  304  in the agency’s fee-for-service payments.
  305         (c) Access.—
  306         1. The agency shall establish specific standards for the
  307  number, type, and regional distribution of providers in managed
  308  care plan networks to ensure access to care for both adults and
  309  children. Each plan must maintain a regionwide network of
  310  providers in sufficient numbers to meet the access standards for
  311  specific medical services for all recipients enrolled in the
  312  plan. The exclusive use of mail-order pharmacies may not be
  313  sufficient to meet network access standards. Consistent with the
  314  standards established by the agency, provider networks may
  315  include providers located outside the region. Each plan shall
  316  establish and maintain an accurate and complete electronic
  317  database of contracted providers, including information about
  318  licensure or registration, locations and hours of operation,
  319  specialty credentials and other certifications, specific
  320  performance indicators, and such other information as the agency
  321  deems necessary. The database must be available online to both
  322  the agency and the public and have the capability to compare the
  323  availability of providers to network adequacy standards and to
  324  accept and display feedback from each provider’s patients. Each
  325  plan shall submit quarterly reports to the agency identifying
  326  the number of enrollees assigned to each primary care provider.
  327  The agency shall conduct, or contract for, systematic and
  328  continuous testing of the provider network databases maintained
  329  by each plan to confirm accuracy, confirm that behavioral health
  330  providers are accepting enrollees, and confirm that enrollees
  331  have access to behavioral health services.
  332         2. Each managed care plan must publish any prescribed drug
  333  formulary or preferred drug list on the plan’s website in a
  334  manner that is accessible to and searchable by enrollees and
  335  providers. The plan must update the list within 24 hours after
  336  making a change. Each plan must ensure that the prior
  337  authorization process for prescribed drugs is readily accessible
  338  to health care providers, including posting appropriate contact
  339  information on its website and providing timely responses to
  340  providers. For Medicaid recipients diagnosed with hemophilia who
  341  have been prescribed anti-hemophilic-factor replacement
  342  products, the agency shall provide for those products and
  343  hemophilia overlay services through the agency’s hemophilia
  344  disease management program.
  345         3. Managed care plans, and their fiscal agents or
  346  intermediaries, must accept prior authorization requests for any
  347  service electronically.
  348         4. Managed care plans serving children in the care and
  349  custody of the Department of Children and Families must maintain
  350  complete medical, dental, and behavioral health encounter
  351  information and participate in making such information available
  352  to the department or the applicable contracted community-based
  353  care lead agency for use in providing comprehensive and
  354  coordinated case management. The agency and the department shall
  355  establish an interagency agreement to provide guidance for the
  356  format, confidentiality, recipient, scope, and method of
  357  information to be made available and the deadlines for
  358  submission of the data. The scope of information available to
  359  the department shall be the data that managed care plans are
  360  required to submit to the agency. The agency shall determine the
  361  plan’s compliance with standards for access to medical, dental,
  362  and behavioral health services; the use of medications; and
  363  follow-up followup on all medically necessary services
  364  recommended as a result of early and periodic screening,
  365  diagnosis, and treatment.
  366         (d) Quality care.—Managed care plans shall provide, or
  367  contract for the provision of, care coordination to facilitate
  368  the appropriate delivery of behavioral health care services in
  369  the least restrictive setting with treatment and recovery
  370  capabilities that address the needs of the patient. Services
  371  shall be provided in a manner that integrates behavioral health
  372  services and primary care. Plans shall be required to achieve
  373  specific behavioral health outcome standards, established by the
  374  agency in consultation with the department.
  375         (e) Encounter data.—The agency shall maintain and operate a
  376  Medicaid Encounter Data System to collect, process, store, and
  377  report on covered services provided to all Medicaid recipients
  378  enrolled in prepaid plans.
  379         1. Each prepaid plan must comply with the agency’s
  380  reporting requirements for the Medicaid Encounter Data System.
  381  Prepaid plans must submit encounter data, including data on
  382  encounters for which payment was denied and encounters for which
  383  a health care provider was reimbursed by the plan on a capitated
  384  basis, electronically in a format that complies with the Health
  385  Insurance Portability and Accountability Act provisions for
  386  electronic claims and in accordance with deadlines established
  387  by the agency. Prepaid plans must certify that the data reported
  388  is accurate and complete.
  389         2. The agency is responsible for validating the data
  390  submitted by the plans. The agency shall develop methods and
  391  protocols for ongoing analysis of the encounter data that
  392  adjusts for differences in characteristics of prepaid plan
  393  enrollees to allow comparison of service utilization among plans
  394  and against expected levels of use. The analysis shall be used
  395  to identify possible cases of overspending on administrative
  396  costs, payments by plans in excess of market rates, systemic
  397  underutilization or denials of claims and inappropriate service
  398  utilization such as higher-than-expected emergency department
  399  encounters, and potential managed care plan fraud, waste, and
  400  abuse. The analysis shall provide periodic feedback to the plans
  401  and enable the agency to establish corrective action plans when
  402  necessary. One of the focus areas for the analysis shall be the
  403  use of prescription drugs. The analysis shall be used in managed
  404  care plan capitation rate-setting processes provided under this
  405  part.
  406         3. The agency shall make encounter data available to those
  407  plans accepting enrollees who are assigned to them from other
  408  plans leaving a region.
  409         4. The agency shall annually produce a report entitled
  410  “Analysis of Potentially Preventable Health Care Events of
  411  Florida Medicaid Enrollees.” The report must include, but need
  412  not be limited to, an analysis of the potentially preventable
  413  hospital emergency department visits, hospital admissions, and
  414  hospital readmissions that occurred during the previous state
  415  fiscal year which may have been prevented with better access to
  416  primary care, improved medication management, or better
  417  coordination of care, reported by age, eligibility group,
  418  managed care plan, and region, including conditions contributing
  419  to each potentially preventable event or category of potentially
  420  preventable events. The agency may include any other data or
  421  analysis parameters to augment the report which it deems
  422  pertinent to the analysis. The report must demonstrate trends
  423  using applicable historical data. The agency shall submit the
  424  report to the Governor, the President of the Senate, and the
  425  Speaker of the House of Representatives by October 1, 2024, and
  426  each October 1 thereafter. The agency may contract with a third
  427  party vendor to produce the report required under this
  428  subparagraph.
  429         (f) Continuous improvement.—The agency shall establish
  430  specific performance standards and expected milestones or
  431  timelines for improving performance over the term of the
  432  contract.
  433         1. Each managed care plan shall establish an internal
  434  health care quality improvement system, including enrollee
  435  satisfaction and disenrollment surveys. The quality improvement
  436  system must include incentives and disincentives for network
  437  providers.
  438         2. Each managed care plan must collect and report the
  439  Healthcare Effectiveness Data and Information Set (HEDIS)
  440  measures, the federal Core Set of Children’s Health Care Quality
  441  measures, and the federal Core Set of Adult Health Care Quality
  442  Measures, as specified by the agency. Each plan must collect and
  443  report the Adult Core Set behavioral health measures beginning
  444  with data reports for the 2025 calendar year. Each plan must
  445  stratify reported measures by age, sex, race, ethnicity, primary
  446  language, and whether the enrollee received a Social Security
  447  Administration determination of disability for purposes of
  448  Supplemental Security Income beginning with data reports for the
  449  2026 calendar year. A plan’s performance on these measures must
  450  be published on the plan’s website in a manner that allows
  451  recipients to reliably compare the performance of plans. The
  452  agency shall use the measures as a tool to monitor plan
  453  performance.
  454         3. Each managed care plan must be accredited by the
  455  National Committee for Quality Assurance, the Joint Commission,
  456  or another nationally recognized accrediting body, or have
  457  initiated the accreditation process, within 1 year after the
  458  contract is executed. For any plan not accredited within 18
  459  months after executing the contract, the agency shall suspend
  460  automatic assignment under ss. 409.977 and 409.984.
  461         (g) Program integrity.—Each managed care plan shall
  462  establish program integrity functions and activities to reduce
  463  the incidence of fraud and abuse, including, at a minimum:
  464         1. A provider credentialing system and ongoing provider
  465  monitoring, including maintenance of written provider
  466  credentialing policies and procedures which comply with federal
  467  and agency guidelines;
  468         2. An effective prepayment and postpayment review process
  469  including, but not limited to, data analysis, system editing,
  470  and auditing of network providers;
  471         3. Procedures for reporting instances of fraud and abuse
  472  pursuant to chapter 641;
  473         4. Administrative and management arrangements or
  474  procedures, including a mandatory compliance plan, designed to
  475  prevent fraud and abuse; and
  476         5. Designation of a program integrity compliance officer.
  477         (h) Grievance resolution.—Consistent with federal law, each
  478  managed care plan shall establish and the agency shall approve
  479  an internal process for reviewing and responding to grievances
  480  from enrollees. Each plan shall submit quarterly reports on the
  481  number, description, and outcome of grievances filed by
  482  enrollees.
  483         (i) Penalties.—
  484         1. Withdrawal and enrollment reduction.—Managed care plans
  485  that reduce enrollment levels or leave a region before the end
  486  of the contract term must reimburse the agency for the cost of
  487  enrollment changes and other transition activities. If more than
  488  one plan leaves a region at the same time, costs must be shared
  489  by the departing plans proportionate to their enrollments. In
  490  addition to the payment of costs, departing provider services
  491  networks must pay a per-enrollee penalty of up to 3 months’
  492  payment and continue to provide services to the enrollee for 90
  493  days or until the enrollee is enrolled in another plan,
  494  whichever occurs first. In addition to payment of costs, all
  495  other departing plans must pay a penalty of 25 percent of that
  496  portion of the minimum surplus maintained pursuant to s.
  497  641.225(1) which is attributable to the provision of coverage to
  498  Medicaid enrollees. Plans shall provide at least 180 days’
  499  notice to the agency before withdrawing from a region. If a
  500  managed care plan leaves a region before the end of the contract
  501  term, the agency shall terminate all contracts with that plan in
  502  other regions pursuant to the termination procedures in
  503  subparagraph 3.
  504         2. Encounter data.—If a plan fails to comply with the
  505  encounter data reporting requirements of this section for 30
  506  days, the agency must assess a fine of $5,000 per day for each
  507  day of noncompliance beginning on the 31st day. On the 31st day,
  508  the agency must notify the plan that the agency will initiate
  509  contract termination procedures on the 90th day unless the plan
  510  comes into compliance before that date.
  511         3. Termination.—If the agency terminates more than one
  512  regional contract with the same managed care plan due to
  513  noncompliance with the requirements of this section, the agency
  514  shall terminate all the regional contracts held by that plan.
  515  When terminating multiple contracts, the agency must develop a
  516  plan to provide for the transition of enrollees to other plans,
  517  and phase in the terminations over a time period sufficient to
  518  ensure a smooth transition.
  519         (j) Prompt payment.—Managed care plans shall comply with
  520  ss. 641.315, 641.3155, and 641.513.
  521         (k) Electronic claims.—Managed care plans, and their fiscal
  522  agents or intermediaries, shall accept electronic claims in
  523  compliance with federal standards.
  524         (l) Fair payment.—Provider service networks must ensure
  525  that no entity licensed under chapter 395 with a controlling
  526  interest in the network charges a Medicaid managed care plan
  527  more than the amount paid to that provider by the provider
  528  service network for the same service.
  529         (m) Itemized payment.—Any claims payment to a provider by a
  530  managed care plan, or by a fiscal agent or intermediary of the
  531  plan, must be accompanied by an itemized accounting of the
  532  individual claims included in the payment including, but not
  533  limited to, the enrollee’s name, the date of service, the
  534  procedure code, the amount of reimbursement, and the
  535  identification of the plan on whose behalf the payment is made.
  536         (n) Provider dispute resolution.—Disputes between a plan
  537  and a provider may be resolved as described in s. 408.7057.
  538         (o) Transparency.—Managed care plans shall comply with ss.
  539  627.6385(3) and 641.54(7).
  540         (p) Third-party administrators.—The agency′s contract with
  541  a managed care plan must require that any third-party
  542  administrative entity contracted by the plan adheres to all
  543  pertinent requirements of the Medicaid program placed on the
  544  plan under the plan′s contract with the agency.
  545         (3) ACHIEVED SAVINGS REBATE.—
  546         (h) The following may not be included as allowable expenses
  547  in calculating income for determining the achieved savings
  548  rebate:
  549         1. Payment of achieved savings rebates.
  550         2. Any financial incentive payments made to the plan
  551  outside of the capitation rate.
  552         3. Any financial disincentive payments levied by the state
  553  or Federal Government.
  554         4. Expenses associated with any lobbying or political
  555  activities.
  556         5. The cash value or equivalent cash value of bonuses of
  557  any type paid or awarded to the plan’s executive staff, other
  558  than base salary.
  559         6. Reserves and reserve accounts.
  560         7. Administrative costs, including, but not limited to,
  561  reinsurance expenses, interest payments, depreciation expenses,
  562  bad debt expenses, and outstanding claims expenses in excess of
  563  actuarially sound maximum amounts set by the agency.
  564         8. Payments to affiliates as defined in s. 409.962 in
  565  excess of market rates.
  566  
  567  The agency shall consider these and other factors in developing
  568  contracts that establish shared savings arrangements.
  569         (4) MEDICAL LOSS RATIOS RATIO.—
  570         (a) If required by federal regulations or as a condition of
  571  a waiver, the agency must may calculate a medical loss ratios
  572  ratio for all managed care plans contracted with the agency
  573  under this part. The calculations must calculation shall use
  574  uniform financial data collected from all plans and shall be
  575  computed for each plan on a statewide basis. If a plan
  576  participates in the managed medical assistance program, the
  577  long-term care managed care program, or the pilot program for
  578  individuals with developmental disabilities, the agency must
  579  calculate medical loss ratios for the plan’s participation in
  580  each program separately and, if the plan participates in more
  581  than one of these programs, for the plan’s overall participation
  582  in statewide Medicaid managed care. Medical loss ratios must be
  583  calculated and The method for calculating the medical loss ratio
  584  shall meet the following criteria:
  585         (a) Except as provided in paragraphs (b) and (c),
  586  expenditures must shall be classified in a manner consistent
  587  with 42 C.F.R. part 438 45 C.F.R. part 158.
  588         (b) The agency shall report medical loss ratios quarterly
  589  and annually for each managed care plan contracted with the
  590  agency under this part to the Governor, the President of the
  591  Senate, and the Speaker of the House of Representatives no later
  592  than 6 months after the end of each such period Funds provided
  593  by plans to graduate medical education institutions to
  594  underwrite the costs of residency positions shall be classified
  595  as medical expenditures, provided the funding is sufficient to
  596  sustain the positions for the number of years necessary to
  597  complete the residency requirements and the residency positions
  598  funded by the plans are active providers of care to Medicaid and
  599  uninsured patients.
  600         (c) Before final determination of the medical loss ratio
  601  for any period, a plan may contribute to a designated state
  602  trust fund for the purpose of supporting Medicaid and indigent
  603  care and have the contribution counted as a medical expenditure
  604  for the period. Funds contributed for this purpose shall be
  605  deposited into the Grants and Donations Trust Fund.
  606         (5) AFFILIATED ENTITIES AND RELATED PARTIES.—
  607         (a) The agency shall ensure oversight of affiliated
  608  entities and related parties paid by managed care plans under
  609  this part, including, but not limited to, examining financial
  610  records and self-referral data of any managed care plan
  611  providing services within the statewide managed care program
  612  which uses affiliated entities and related parties.
  613         (b) The agency shall consider data examined under paragraph
  614  (a) and the findings of the annual assessment required under s.
  615  409.9675(4) when developing managed care plan capitation rates
  616  under this part.
  617         Section 5. Effective January 1, 2027, paragraph (f) of
  618  subsection (3) of section 409.967, Florida Statutes, is amended,
  619  and paragraph (g) of that subsection is republished, to read:
  620         409.967 Managed care plan accountability.—
  621         (3) ACHIEVED SAVINGS REBATE.—
  622         (f) Achieved savings rebates validated by the certified
  623  public accountant are due within 30 days after the report is
  624  submitted. Except as provided in paragraph (h), the achieved
  625  savings rebate is established by determining pretax income as a
  626  percentage of revenues and applying the following income sharing
  627  ratios:
  628         1. One hundred percent of income up to and including 3 5
  629  percent of revenue shall be retained by the plan.
  630         2. Thirty Fifty percent of income above 3 5 percent and up
  631  to 10 percent shall be retained by the plan, and the other 70 50
  632  percent shall be refunded to the state and adjusted for the
  633  Federal Medical Assistance Percentages. The state share shall be
  634  transferred to the General Revenue Fund, unallocated, and the
  635  federal share shall be transferred to the Medical Care Trust
  636  Fund, unallocated.
  637         3. One hundred percent of income above 10 percent of
  638  revenue shall be refunded to the state and adjusted for the
  639  Federal Medical Assistance Percentages. The state share shall be
  640  transferred to the General Revenue Fund, unallocated, and the
  641  federal share shall be transferred to the Medical Care Trust
  642  Fund, unallocated.
  643         (g) A plan that exceeds agency-defined quality measures in
  644  the reporting period may retain an additional 1 percent of
  645  revenue. For the purpose of this paragraph, the quality measures
  646  must include plan performance for preventing or managing
  647  complex, chronic conditions that are associated with an elevated
  648  likelihood of requiring high-cost medical treatments.
  649         Section 6. Section 409.9675, Florida Statutes, is created
  650  to read:
  651         409.9675 Affiliated entities and controlling interests;
  652  reports required.—
  653         (1) Each managed care plan contracted by the agency under
  654  this part shall report all of the following by March 31, 2027,
  655  for the prior calendar year, and annually thereafter, to the
  656  agency and the Office of Insurance Regulation in a manner
  657  prescribed by the agency:
  658         (a)Any person controlled by or affiliated with the managed
  659  care plan, including, but not limited to, any provider, provider
  660  group, group practice defined in s. 456.053(3), or person
  661  responsible for providing any pharmacy services,
  662  pharmaceuticals, diagnostics, care coordination, care delivery,
  663  health care services, medical equipment, administrative
  664  services, or financial services for, to, or on behalf of the
  665  managed care plan.
  666         (b)Any affiliation of any kind or nature with any person
  667  who has, either directly or indirectly through one or more
  668  intermediaries, an investment or ownership interest representing
  669  10 percent or more, shares common ownership with, or has an
  670  investor or a holder of an ownership interest representing 10
  671  percent or more with any person providing pharmacy services,
  672  diagnostics, care coordination, care delivery, health care
  673  services, medical equipment, administrative services, or
  674  financial services for, to, or on behalf of the managed care
  675  plan.
  676         (2) For any affiliation reported by a managed care plan
  677  under subsection (1), the report must include all of the
  678  following:
  679         (a) The percentage of ownership or control of any person or
  680  affiliate with whom the managed care plan has had business
  681  transactions totaling in the aggregate more than $25,000 during
  682  the prior 12-month period in the annual achieved savings rebate
  683  financial reporting required under s. 409.967(3) and
  684  identification of the specific contract or contracts involved in
  685  such business transactions.
  686         (b) Any significant business transactions between the
  687  managed care plan and any affiliated person during the 12-month
  688  period in the annual achieved savings rebate financial reporting
  689  required under s. 409.967(3).
  690         (3) Each managed care plan shall report any change in
  691  information required by subsection (1) to the agency and the
  692  Office of Insurance Regulation in writing within 60 days after
  693  the change occurs.
  694         (4) By December 31, 2026, and annually thereafter, the
  695  agency shall calculate, analyze, and publicly report on the
  696  agency’s website an assessment of affiliated entity payment
  697  transactions in the Medicaid program for medical benefit and
  698  administrative costs as reported for purposes of the achieved
  699  savings rebate. The baseline assessment, at a minimum, must
  700  include achieved savings rebate transactions for the years 2021,
  701  2022, and 2023; the amount and associated percentage of
  702  affiliated entity payments within the medical loss ratio; and
  703  the payment deviation percentages and associated amounts at the
  704  Healthcare Common Procedure Coding System level for affiliated
  705  entities as compared to nonaffiliated entities. The assessment
  706  must also compare payment amounts for value-based or alternative
  707  payment arrangements.
  708         Section 7. Present paragraphs (b) through (x) of subsection
  709  (1) of section 626.8825, Florida Statutes, are redesignated as
  710  paragraphs (c) through (z), respectively, a new paragraph (b) is
  711  added to that subsection, and present paragraph (u) of
  712  subsection (1) and paragraphs (c) and (h) of subsection (3) of
  713  that section are amended, to read:
  714         626.8825 Pharmacy benefit manager transparency and
  715  accountability.—
  716         (1) DEFINITIONS.—As used in this section, the term:
  717         (b)“Affiliated manufacturer” means a prescription drug
  718  manufacturer permitted under chapter 499 or a private label
  719  distributor as defined in 21 C.F.R. s. 207.1 which directly or
  720  indirectly through one or more intermediaries:
  721         1. Has an investment or ownership interest in a pharmacy
  722  benefit manager holding a certificate of authority issued under
  723  this part;
  724         2. Shares common ownership with a pharmacy benefit manager
  725  holding a certificate of authority issued under this part; or
  726         3. Has an investor or a holder of an ownership interest
  727  which is a pharmacy benefit manager holding a certificate of
  728  authority issued under this part.
  729         (v)(u) “Pharmacy benefits plan or program” means a plan or
  730  program that pays for, reimburses, covers the cost of, or
  731  provides access to discounts on pharmacist services provided by
  732  one or more pharmacies to covered persons who reside in, are
  733  employed by, or receive pharmacist services from this state.
  734         1. The term includes, but is not limited to, health
  735  maintenance organizations, health insurers, self-insured
  736  employer health plans, discount card programs, and government
  737  funded health plans, including the Statewide Medicaid Managed
  738  Care program established pursuant to part IV of chapter 409 and
  739  the state group insurance program pursuant to part I of chapter
  740  110.
  741         2. The term excludes such a plan or program under s. 430.84
  742  or chapter 440.
  743         (3) CONTRACTS BETWEEN A PHARMACY BENEFIT MANAGER AND A
  744  PARTICIPATING PHARMACY.—In addition to other requirements in the
  745  Florida Insurance Code, a participation contract executed,
  746  amended, adjusted, or renewed on or after July 1, 2023, that
  747  applies to pharmacist services on or after January 1, 2024,
  748  between a pharmacy benefit manager and one or more pharmacies or
  749  pharmacists, must include, in substantial form, terms that
  750  ensure compliance with all of the following requirements, and
  751  that, except to the extent not allowed by law, shall supersede
  752  any contractual terms in the participation contract to the
  753  contrary:
  754         (c) A prohibition of financial clawbacks, reconciliation
  755  offsets, or offsets to adjudicated claims. A pharmacy benefit
  756  manager may not charge, withhold, offset, or recoup any direct
  757  or indirect remuneration fees, dispensing fees, brand name or
  758  generic effective rate adjustments through reconciliation, or
  759  any other monetary charge, withholding, or recoupments as
  760  related to discounts, multiple network reconciliation offsets,
  761  adjudication transaction fees, and any other instance when an
  762  amount a fee may be recouped from a pharmacy if such action
  763  would result in a reduction in the amount paid to the pharmacy
  764  or pharmacist. This prohibition does not apply to:
  765         1. Any incentive payments provided by the pharmacy benefit
  766  manager to a network pharmacy for meeting or exceeding
  767  predefined quality measures, such as Healthcare Effectiveness
  768  Data and Information Set measures; recoupment due to an
  769  erroneous claim, fraud, waste, or abuse; a claim adjudicated in
  770  error; a maximum allowable cost appeal pricing adjustment; or an
  771  adjustment made as part of a pharmacy audit pursuant to s.
  772  624.491.
  773         2. Any recoupment that is returned to the state for
  774  programs in chapter 409 or the state group insurance program in
  775  s. 110.123.
  776         (h) The pharmacy benefit manager shall provide a reasonable
  777  administrative appeal procedure to allow a pharmacy or
  778  pharmacist to challenge the maximum allowable cost pricing
  779  information and the reimbursement made under the maximum
  780  allowable cost as defined in s. 627.64741 for a specific drug as
  781  being below the acquisition cost available to the challenging
  782  pharmacy or pharmacist.
  783         1. The administrative appeal procedure must include a
  784  telephone number and e-mail address, or a website, for the
  785  purpose of submitting the administrative appeal. The appeal may
  786  be submitted by the pharmacy or an agent of the pharmacy
  787  directly to the pharmacy benefit manager or through a pharmacy
  788  service administration organization. The administrative appeal
  789  process must allow a pharmacy or pharmacist the option to submit
  790  an electronic spreadsheet or similar electronic document
  791  containing a consolidated administrative appeal representing
  792  multiple adjudicated claims that share the same drug and day
  793  supply and have a date of service occurring within the same
  794  calendar month. The pharmacy or pharmacist must be given at
  795  least 30 business days after a maximum allowable cost update or
  796  after an adjudication for an electronic claim or reimbursement
  797  for a nonelectronic claim to file the administrative appeal.
  798         2. The pharmacy benefit manager must respond to the
  799  administrative appeal within 30 business days after receipt of
  800  the appeal.
  801         3. If the appeal is upheld, the pharmacy benefit manager
  802  must:
  803         a. Update the maximum allowable cost pricing information to
  804  at least the acquisition cost available to the pharmacy;
  805         b. Permit the pharmacy or pharmacist to reverse and rebill
  806  the claim in question;
  807         c. Provide to the pharmacy or pharmacist the national drug
  808  code on which the increase or change is based; and
  809         d. Make the increase or change effective for each similarly
  810  situated pharmacy or pharmacist who is subject to the applicable
  811  maximum allowable cost pricing information.
  812         4. If the appeal is denied, the pharmacy benefit manager
  813  must provide to the pharmacy or pharmacist the national drug
  814  code and the name of the national or regional pharmaceutical
  815  wholesalers operating in this state which have the drug
  816  currently in stock at a price below the maximum allowable cost
  817  pricing information.
  818         5. Beginning August 15, 2026 Every 90 days, a pharmacy
  819  benefit manager shall report to the office the total number of
  820  appeals received and denied in the preceding quarter 90-day
  821  period, with an explanation or reason for each denial, for each
  822  specific drug for which an appeal was submitted pursuant to this
  823  paragraph. The deadlines for each filing are March 1 for the
  824  preceding years fourth quarter; May 15 for the years first
  825  quarter; August 15 for the years second quarter; and November
  826  15 for the years third quarter.
  827         Section 8. Subsection (7) of section 626.8827, Florida
  828  Statutes, is amended, and subsections (8), (9), and (10) are
  829  added to that section, to read:
  830         626.8827 Pharmacy benefit manager prohibited practices.—In
  831  addition to other prohibitions in this part, a pharmacy benefit
  832  manager may not do any of the following:
  833         (7) Fail to comply with the requirements in s. 624.491 or
  834  s. 626.8825, or breach contractual terms required under s.
  835  626.8825.
  836         (8) Prohibit or restrict a pharmacy from declining to
  837  dispense a drug if the reimbursement rate for the drug is less
  838  than the actual acquisition cost to the pharmacy.
  839         (9) Reimburse a pharmacy less than it reimburses an
  840  affiliate pharmacy.
  841         (10) Maintain an ownership interest, investment interest,
  842  or common ownership with an affiliated manufacturer, or share
  843  any investor or holder of an ownership interest with an
  844  affiliated manufacturer.
  845         Section 9. Subsection (1) of section 627.42392, Florida
  846  Statutes, is amended to read:
  847         627.42392 Prior authorization.—
  848         (1) As used in this section, the term “health insurer”
  849  means an authorized insurer offering health insurance as defined
  850  in s. 624.603, a managed care plan as defined in s. 409.962 s.
  851  409.962(10), or a health maintenance organization as defined in
  852  s. 641.19(12).
  853         Section 10. Except as otherwise provided in this act and
  854  except for this section, which shall take effect upon this act
  855  becoming a law, this act shall take effect July 1, 2026.