Arkansas
Lawmakers to enforce rule fining pharmacy benefit managers to protect pharmacies
LITTLE ROCK, Ark. (KAIT/KARK) – Arkansas lawmakers are cracking down on pharmacy benefit managers for violating medication pricing standards.
According to content partner KARK, a law was passed that fines PBMs up to $5,000 per violation.
State law says no PBM can pay a pharmacy below their cost to buy a drug and below a fair and reasonable rate.
You can read more about the initiative on KARK’s website.
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