U.S. Supreme Court Decision Supports State Regulation of Pharmacy Benefit Managers
By EsqSocial Corporation 03/02/21
The U.S. Supreme Court’s recent unanimous decision clears the way for state regulation of Pharmacy Benefit Managers (“PBMs”). Rutledge v. Pharm. Care Mgmt. Ass’n, 141 S. Ct. 474 (2020). At issue before the High Court was Arkansas’ Act 900, which requires PBMs to reimburse Arkansas pharmacies at a price equal to or higher than that which the pharmacy paid for the medication to a wholesaler. Arkansas is one of numerous states around the country that passed legislation regulating PBMs in the...
By: Harris Beach PLLC