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Committee approves bill letting pharmacists sue PBMs for damages after below-market transactions
Summary
The Judiciary Committee passed SB 583 as amended. Sponsor Sen. Clark Tucker said the bill allows pharmacists to recover out-of-pocket damages when pharmacy benefit managers violate existing law; the committee adopted an amendment adding a House sponsor and technical fixes.
Sen. Clark Tucker presented SB 583 as amended to the Senate Judiciary Committee and the committee voted to advance the measure.
Tucker said the current law allows the Insurance Department to pursue PBMs that sell drugs to pharmacies below market value and to fine PBMs for violations, but pharmacists themselves have no private…
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