DeSantis Signs Bill Aiming to Lower Prescription Drug Costs

Florida Gov. Ron DeSantis has signed legislation designed to lower prescription drug prices by, among other things, curbing the power of industry middlemen, the pharmacy benefit managers (PBMs).
Those third-party administrators typically process and pay drug claims of health plans, and negotiate discounts with drug manufacturers and pharmacies.
In a signing ceremony on May 3, DeSantis said the Prescription Drug Reform Act prevents those companies from requiring consumers to use their mail-order services.
It also installs new regulations creating public price lists for drugs. It also bans pricing practices that boost the customer’s co-pay above the total cost of the drug….