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Panel backs bill letting pharmacies pursue private recovery from PBMs
3155778 · April 14, 2025
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Summary
Senate Bill 583, creating a private right of action for pharmacies against pharmacy benefit managers (PBMs) that break the law, passed committee after sponsors said enforcement fines collected by the Insurance Department do not compensate pharmacies for losses.
The insurance committee voted to pass Senate Bill 583, a measure that creates a private right of action for pharmacies seeking recovery when pharmacy benefit managers (PBMs) violate state requirements.
Representative Jeremiah Moore and State…
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