Eliminates Prescription Drug Affordability Advisory Council, modifies nondepository financial institution provisions, aligns health plan regulations.

The bill eliminates the Prescription Drug Affordability Advisory Council, modifies provisions for nondepository financial institutions, aligns health plan regulations, transfers duties between the Department of Commerce and the Department of Health, modifies the premium security plan, reduces appropriations, and appropriates funds. It also includes provisions for data sharing, cybersecurity event notifications, and reporting requirements for health maintenance organizations and health carriers.

Eliminates Prescription Drug Affordability Advisory Council, modifies nondepository financial institution provisions, aligns health plan regulations.

The bill eliminates the Prescription Drug Affordability Advisory Council, modifies provisions for nondepository financial institutions, aligns health plan regulations, transfers duties between the Department of Commerce and the Department of Health, modifies the premium security plan, reduces appropriations, and appropriates funds. It also includes provisions for data sharing, cybersecurity event notifications, and reporting requirements for health maintenance organizations and health carriers.