Progressive Care Inc (RXMD): Great news: Supreme Court rules that sta...

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Thursday, 12/10/2020 6:55:09 PM

Thursday, December 10, 2020 6:55:09 PM

Great news: Supreme Court rules that states can regulate pharmacy benefit managers

The ruling is a victory for 45 states, led by Arkansas, and independent pharmacies that sought to stop so-called PBMs, which process prescription drug claims and then reimburse pharmacies, from keeping reimbursement rates low for generic drugs. That has caused thousands of independent pharmacies to close, particularly in rural areas.

https://www.usatoday.com/story/news/politics/2020/12/10/drug-prices-supreme-court-says-states-can-regulate-rx-drug-middlemen/3878386001/

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