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HB 589 — Prescription Drug Price Transparency

by Rep. Yarborough and others (SB 888 by Senator Bean)

This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.

Prepared by: Health Policy Committee (HP)

The bill requires the Agency for Health Care Administration (AHCA) to list on its Internet website retail drug prices, by pharmacy, for a 30-day supply of the 300 most frequently prescribed medications. Currently, the AHCA lists 150 medications, although the statute only requires 100 medications to be listed. The bill requires the AHCA to update the prices monthly, rather than quarterly.

If approved by the Governor, these provisions take effect upon becoming law.

Vote: Senate 38-0; House 114-0