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IntroducedDec 09, 2025
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Passed House
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Passed Senate
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Signed into Law
Drug Prices and Coverage; Requires prescription drug manufacturer permitholders to annually report to AHCA international drug price data; requires agency to contract with entity to designate reference price source countries & analyze certain data; requires agency to publish annually prescription drug & product reference prices; requires pharmacies to charge cash-paying customers up to reference prices for prescribed drugs & products; requires contracts between pharmacy benefit managers & pharmacy benefits plans & programs to prohibit PBMs from offering & implementing certain formularies; requires health insurers, Medicaid managed care plans, state group insurance programs & HMOs to provide reimbursement for covered prescription drugs & products up to reference prices; requires savings from such reimbursement limits to be used for certain purposes; limits changes that health insurance policies & health maintenance contracts can make relating to prescription drug formularies.
Last Action See all actions
House • Dec 16, 2025: Now in Health Care Facilities & Systems Subcommittee
Latest Bill Text See all bill texts
Summary/Bill Text
Comments on HB 697
Tweets
Whip Lists
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Votes
Actions
- Dec 16, 2025 | House
- Referred to Health Care Facilities & Systems Subcommittee
- Referred to Budget Committee
- Referred to Health & Human Services Committee
- Now in Health Care Facilities & Systems Subcommittee
- Dec 09, 2025 | House
- Filed
Bill Texts
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