The U.S. Supreme Court has declined to review an appeals court ruling that struck down key parts of an Oklahoma law regulating the retail networks created by pharmacy benefit managers, a victory for the controversial middlemen in the pharmaceutical supply chain that may create uncertainty across the country. The law, which was enacted in 2019, […]
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Supreme Court Declines to Review Oklahoma Law Regulating PBMs Read More »
Another state has inked a law that takes aim at how pharmacy benefit managers do business. Last week, Iowa Gov. Kim Reynolds signed into law a piece of legislation that would bar PBMs from steering patients to specific pharmacies or choosing to exclude certain pharmacies from their networks in an unfair way. The bill mirrors
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Pharmacy benefit managers are taking states to court over laws that limit or ban core aspects of their business models. CVS Caremark parent company CVS Health and Express Scripts parent company Cigna are battling statutes in Arkansas and Oklahoma, several states implemented new laws this year, and more are considering legislation. The outcome of these
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Arkansas Gov. Sarah Huckabee Sanders said her administration is not deterred on the state’s new law governing pharmacy benefit managers despite legal challenges from two of the industry’s “Big Three.” In an interview with the Daily Wire, Sanders took aim at CVS Health in particular, saying that closing stores in Arkansas proves its priorities are
Arkansas Gov. Sanders Doubles Down on Law Barring PBMs from Owning Pharmacies Read More »
CVS and Express Scripts asked a federal judge on Thursday to block a law prohibiting pharmacy benefit managers from owning or operating pharmacies in Arkansas, challenging the first such restriction enacted by a state. The lawsuits come a little over a month after Gov. Sarah Huckabee Sanders signed the legislation restricting pharmacy benefit managers, also
CVS and Express Scripts Sue Arkansas over Restriction on Pharmacy Benefit Managers Read More »
