Updates
May 13, 2014

New Laws Regulating Pharmacy Benefits Managers in New Mexico, Utah and Washington

This past legislative session, several state legislatures enacted legislative regulating pharmacy benefit managers (“PBMs”). New Mexico, Utah, and Washington all adopted laws requiring licensure or registration of PBMs, in addition to other requirements, such as audit procedures, appeal rights for pharmacies, or rules regarding maximum allowable costs. Iowa also adopted a new law regulating PBMs’ pricing methodologies.


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