FL S0046

Requires health insurers, health maintenance organizations, and their pharmacy benefit managers in Florida to count any payment made by or on behalf of an insured person toward that person's cost-sharing requirements, including deductibles, copayments, coinsurance, and out-of-pocket maximums

Payments that must be credited toward cost-sharing include manufacturer copay cards, product vouchers, financial assistance, and any other third-party reduction in out-of-pocket prescription drug expenses

Applies to individual health insurance policies, group health insurance policies, small employer health benefit plans, and health maintenance organization contracts issued, delivered, or renewed on or after January 1, 2024

Requires insurers and HMOs to disclose the cost-sharing credit requirement on their websites and in every policy, contract, certificate, or member handbook, and requires pharmacy benefit manager contracts to include the same obligations and disclosures

Takes effect July 1, 2023, and the Legislature declares the act fulfills an important state interest