Cotton Simple Ingredients

PBMs

DeSantis signs Florida PBM bill

DeSantis signs Florida PBM bill

JUPITER, Fla. — Gov. Ron DeSantis on Wednesday signed comprehensive PBM regulation into Florida law. The Prescription Drug Reform Act increases accountability for PBMs, provides for greater pharmacy choice, and adds transparency to prescription drug price increases. “This legislation builds a foundation of transparency for pharmacy benefit manager (PBM) practices and drug prices in Florida,

FMI applauds approval of PBM reform legislation

FMI applauds approval of PBM reform legislation

ARLINGTON, Va. – FMI – The Food Industry Association praised the U.S. Senate Commerce Committee’s passage of the bipartisan Pharmacy Benefit Manager Transparency Act of 2022 (S. 4293). The new legislation addresses several anticompetitive practices used by many of the drug middlemen known as pharmacy benefit managers (PBMs) while giving the Federal Trade Commission (FTC) and

A shift in pharmacies’ relationship to PBMs

The Supreme Court’s decision in Rutledge v. PCMA to uphold Arkansas’ right to regulate pharmacy benefits managers signals a turning point in the protracted battle to make the relationship between PBMs and retail pharmacies more equitable. In a unanimous ruling (Justice Amy Coney Barrett did not hear the case), the court found that an Arkansas