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Pharmacists and employers back H.B. 229 to increase PBM transparency and oversight
Senate Financial Institutions, Insurance and Technology Committee · November 4, 2025
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Summary
Supporters told the committee that Sub. H.B. 229 creates a standalone PBM licensing chapter, sets reporting standards and exam authority for the Department of Insurance, and would improve transparency and accountability in pharmacy benefit administration.
David Burke, executive director of the Ohio Pharmacists Association, and Molly Matram, director of health care policy for the Ohio Chamber of Commerce, urged the committee to support Substitute House Bill 229 to increase transparency and oversight of pharmacy benefit managers (PBMs).
Burke said PBMs…
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