S.B. No. 1098 amends Section 562.003 of the Occupations Code to enhance price transparency for patients receiving prescriptions from pharmacies. The bill mandates that pharmacies disclose the lowest cash price for a prescribed drug or biological product directly to the patient. Additionally, if the cash price is lower than the patient's copayment under their insurance plan, the pharmacist is required to inform the patient of this option, allowing them to choose the lower price instead of the copayment.

This legislation aims to empower patients with information that could lead to cost savings on their medications. The new provisions will take effect on September 1, 2025, ensuring that patients are better informed about their options when it comes to purchasing prescribed drugs.

Statutes affected:
Introduced: Occupations Code 562.003 (Occupations Code 562)
Senate Committee Report: Occupations Code 562.003 (Occupations Code 562)
Engrossed: Occupations Code 562.003 (Occupations Code 562)
House Committee Report: Occupations Code 562.003 (Occupations Code 562)