Bill
SB 221
AN ACT RELATING TO INSURANCE -- THIRD-PARTY HEALTH INSURANCE ADMINISTRATORS -- PRESCRIPTION DRUG COST CONTROL AND TRANSPARENCY
2025 Regular Session
Introduced by Jonathon Acosta and 9 co-sponsors
SB 221 requires third-party prescription drug administrators to disclose pricing practices and implement cost controls, increasing transparency but potentially raising administrative costs and facing industry resistance.
03/20/2025 Committee recommended measure be held for further study