Gov. Ron DeSantis signed the "most comprehensive" reforms to Florida's prescription drug market with the Prescription Drug Reform Act on Wednesday in Jupiter. The new bill will require more accountability among pharmacy benefit managers, also known as PBMs, allowing consumers to have more choices among pharmacies and creating transparency in prescription drug price increases. PBMs are the middlemen in getting medications from drug makers to pharmacy shelves and can drive up prescription costs. Right now, about three PBMs control about 80 percent of the prescription drug market. The Prescription Drug Reform Act will require certain drug manufacturers to notify the Department of Business and Professional Regulation of reportable drug price increases on a specified form on the effective date of such increase. MORE: https://www.wtsp.com/article/news/regional/florida/prescription-drug-reform-act-florida-lower-costs/67-eaad16d2-a0b8-41a6-bdbe-b8ea75bb7e18 ►Subscribe: https://on.wtsp.com/youtube ►Website: https://www.wtsp.com/ ►Facebook: https://facebook.com/10TampaBay ►Twitter: https://twitter.com/10TampaBay