FL S1552

Exempts examination and investigation reports and work papers relating to pharmacy benefit managers from public records requirements under s. 119.07(1) and Article I, Section 24(a) of the Florida Constitution, applying the same confidentiality protections afforded to other administrators.

Expands the existing public records exemption in s. 626.884 for books and records of administrators held by the Office of Insurance Regulation to explicitly include pharmacy benefit managers as administrators under the Florida Insurance Code.

Specifies that after examinations or investigations conclude, portions of reports and work papers may remain confidential if disclosure would jeopardize active investigations, reveal confidential sources, impair financial soundness, reveal investigative techniques, or damage reputation and safety.

Establishes a public necessity statement finding that pharmacy benefit managers require confidentiality protections for their examination reports, work papers, and trade secret information to protect their business interests and competitive position.

Subjects both exemptions to the Open Government Sunset Review Act with automatic repeal on October 2, 2028, unless reenacted by the Legislature; effective date contingent on SB 1550 or similar legislation becoming law.