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Trump Administration Joins Challenge to CO’s AI Law On April 24, the U.S. Department of Justice joined a lawsuit brought by Elon Musk’s AI company, xAI, seeking to block Colorado’s...
Trump Administration Expands Medicaid Fraud Scrutiny to All 50 States In an effort to fight fraud, the Centers for Medicare and Medicaid Services is requiring all 50 states to submit plans for revalidating...
On Jan. 7, 2025, two weeks before Donald Trump was inaugurated, the Consumer Financial Protection Bureau under the Biden administration issued a new rule barring credit reporting agencies from reporting...
ME Lawmakers Pass Data Center Ban The Maine Legislature passed a bill ( HB 207 ) that would make the state the first to temporarily ban the development of large data centers. The measure would impose...
State and Federal Funding Flowing for Ibogaine Research President Donald Trump signed an executive order providing up to $50 million in federal funding for states to conduct research on ibogaine, a psychedelic...
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Pharmacy benefit managers (PBMs) are companies that contract with health insurers and employers to manage the prescription drug benefits for millions of Americans. They function as third-party administrators of prescription drug coverage, providing a wide variety of services that range from negotiating prices with drug companies to processing claims from insureds.
By late-2023, all 50 states had passed at least some legislation to regulate PBMs, according to the National Academy for State Health Policy. Most of these laws brought PBMs under state regulatory authority and established some basic regulatory framework for their operations. But the heat was turned up over the past year.
In August 2024 the State Net Capitol Journal™ reported that more than 100 bills dealing substantively with PBMs had been considered in 26 states at that point of the 2023-2024 legislative biennium, and at least 13 of those measures had been enacted
Download the latest State Net Capitol Journal thought leadership article to learn more.