This bill amends Florida Statutes to expand the definition of "health care facility" to include health care clinics owned by hospitals or physicians employed by hospitals. Additionally, it introduces the term "covered prescription drug," which refers to any drug or biologic included in a pharmacy benefit manager's formulary that is covered under a pharmacy benefits plan at network pharmacies. The bill also revises the requirements for provider contracts between pharmacy benefit managers and licensed pharmacies, allowing for the administration and dispensing of covered prescription drugs both onsite and offsite as part of outpatient care.

Furthermore, the bill mandates that all contracts executed or renewed after July 1, 2023, must comply with specific network adequacy requirements that align with Medicare Part D standards. These contracts must ensure that licensed pharmacies located on the physical sites of essential providers are offered provider contracts for the administration and dispensing of covered prescription drugs. The bill aims to enhance transparency and accountability in pharmacy benefit management while ensuring that patients have convenient access to necessary medications without being restricted to affiliated pharmacies. The act is set to take effect on July 1, 2026.

Statutes affected:
S 1142 Filed: 465.0125