Eliminates the Prescription Drug Affordability Advisory Council and modifies provisions for nondepository institutions, health plan regulatory.

The bill eliminates the Prescription Drug Affordability Advisory Council. It modifies provisions for nondepository institutions, including consumer small loans and credit services organizations. It also aligns health plan regulations between the Department of Commerce and the Department of Health, transferring certain duties and employees. Additionally, it makes changes to the premium security plan, including adjustments to assessment amounts and reporting requirements.

Eliminates the Prescription Drug Affordability Advisory Council and modifies provisions for nondepository institutions, health plan regulatory.

The bill eliminates the Prescription Drug Affordability Advisory Council. It modifies provisions for nondepository institutions, including consumer small loans and credit services organizations. It also aligns health plan regulations between the Department of Commerce and the Department of Health, transferring certain duties and employees. Additionally, it makes changes to the premium security plan, including adjustments to assessment amounts and reporting requirements.