Maximum Allowable Cost Law – FLORIDA

FLORIDA SUMMARY OF EXISTING LAW

There is no appeal process but the PBM must update the maximum allowable cost pricing information at least every 7 calendar days; and maintain a process that will, in a timely manner, eliminate drugs from MAC lists or modify drug prices to remain consistent with changes in pricing data used in formulating maximum allowable cost prices and product availability.

Link to Existing Law: F.S.A. § 627.64741

PRACTICAL NOTE FOR EXISTING LAW

This law is very meek in substance, and given that there is no appeal process, there is no opportunity for pharmacies to seek remedy under the law.