A law regulating reimbursements by pharmacy benefit managers (PBMs) should stand because it doesn’t regulate benefits or plan administration, Arkansas Solicitor General Nicholas Bronni argued before the U.S. Supreme Court on Tuesday.
The attorney representing PBMs, however, argued the law is preempted by the Employee Retirement Income Security Act of 1974, a federal law otherwise known as ERISA.
Arkansas Solicitor General Defends Pharmacy Law Before U.S. Supreme Court
A law regulating reimbursements by pharmacy benefit managers (PBMs) should stand because it doesn't regulate benefits or plan administration, Arkansas Solicitor General Nicholas Bronni argued before the U.S. Supreme Court on Tuesday. The attorney representing PBMs, however, argued the law is preempted by the Employee Retirement Income Security Act of 1974, a federal law otherwise known as ERISA.