Florida 2024 Regular Session

Florida House Bill H1543

Introduced
1/8/24  
Refer
1/13/24  
Introduced
1/8/24  
Refer
1/13/24  
Refer
1/13/24  
Failed
3/8/24  
Refer
1/13/24  

Caption

Prescription Drug Coverage

Impact

The bill's provisions specifically address coverage modifications based on medical necessity. If a treating physician certifies that a drug is medically necessary for a subscriber, the insurer must maintain coverage for that drug for the remainder of the policy year without increased costs or restrictions. This authorizes physicians to play a crucial role in ensuring their patients can access needed medications without unnecessary barriers.

Summary

House Bill 1543 aims to enhance the transparency of prescription drug coverage in Florida by mandating health insurers to notify current and prospective insureds about any formulary changes at least 60 days prior to their implementation. This notification must include details about specific drugs affected and how it impacts coverage. Additionally, insurers are required to inform the treating physicians of these changes, ensuring that all parties are aware of the implications for patient care and medication access.

Contention

While there is a shared goal among supporters to improve patient access to necessary medications, the bill has generated discussions about the potential burden on insurers and the complexity of compliance with the new reporting requirements. Critics express concern over the administrative implications and whether the rules may unintentionally limit flexibility in formulary management, which is often needed to account for market dynamics and cost management.

Companion Bills

FL S0924

Similar To Prescription Drug Coverage

Similar Bills

FL H0899

Insurer Disclosures on Prescription Drug Coverage

FL H1183

Prescription Drug Price Transparency

FL H0449

Optometry

CT HB06622

An Act Concerning Prescription Drug Formularies And Lists Of Covered Drugs.

FL H0481

Physician Assistants' Prescriptive Authority

AZ HB2126

Contraception; cost sharing prohibition

AZ HB2841

Contraception; cost sharing prohibition

AZ HB2820

Contraception; cost sharing prohibition