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Arkansas AG to defend PBM law at U.S. Supreme Court; state insurance department reports PBM enforcement results
Summary
Attorney General’s office said the U.S. Supreme Court granted review of Arkansas’s challenge over PBM regulation under ERISA; the insurance department reported 2019 enforcement actions including $202,928 recovered for pharmacists, a $50,000 fine against Express Scripts, and 17 licensed PBMs.
Arkansas Attorney General staff and the Insurance Department briefed the Senate Insurance & Commerce Committee on two related PBM matters: the U.S. Supreme Court’s decision to hear an appeal over Arkansas’s 2015 MAC law and the state’s 2019 PBM licensure enforcement outcomes.
Corey Cox, chief of staff to the attorney general, said the U.S. Supreme Court granted certiorari on the appeal of Act 900 (the 2015 maximum-allowable-cost statute). Cox told the committee the office expects…
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