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March 2023 statement regarding SB 1550 and HB 1509

March, 2023

“Our initial analysis of SB 1550 and HB 1509 indicates that the bills would increase drug costs for working families, small businesses and seniors, including those on Medicare which the bills seek to regulate. At the same time, the bill does not do enough to address the high and rising prices set by big drug companies. We look forward to working with Governor DeSantis and lawmakers throughout the legislative session to help protect Floridians’ access to high-quality, affordable pharmacy benefits.” - CVS Health Spokesperson.