Supreme Court to Hear Lawsuit Challenging State’s Authority to Regulate PBMs
January 24, 2020
The Supreme Court is set to hear a lawsuit filed by the Pharmaceutical Care Management Association which challenges an Arkansas law passed in 2015 that establishes how much a PBM must reimburse pharmacies, according to an MMIT blog post.
“If the Supreme Court were to say states have the ability to regulate the PBM marketplace inside ERISA plans … it would give states an almost unlimited ability to force payers to pay a rate [to pharmacies] they deem sufficient,” OptDis Founder Jeff Myers said.
To read more on MMIT’s blog, click here.