DeSantis Signs Bill Aiming to Lower Prescription Drug Costs

DeSantis Signs Bill Aiming to Lower Prescription Drug Costs
Florida Gov. Ron DeSantis delivers remarks during the New Hampshire GOP's Amos Tuck Dinner in Manchester, N.H., on April 14, 2023. Scott Eisen/Getty Images
Dan M. Berger
Updated:
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Florida Gov. Ron DeSantis has signed legislation designed to lower prescription drug prices by, among other things, curbing the power of industry middlemen, the pharmacy benefit managers (PBMs).

Those third-party administrators typically process and pay drug claims of health plans, and negotiate discounts with drug manufacturers and pharmacies.