NCOIL Pharmacy Benefit Mgr. Model Squelched

SAVANNAH, GA.–The nation’s state lawmakers, after considering a model act to regulate pharmacy benefit managers, have decided to shelve the plan.

The National Conference of Insurance Legislators’ decision to postpone action indefinitely came after a representative for health insurers told legislators that pharmacy benefit managers are not a problem area that needs regulation, and it would instead hamper insurers’ ability to deliver lower-cost prescription drugs to employees.