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IL House Passes ‘Junk Fee’ Bill The Illinois House passed a bill ( HB 228 ) that would amend the state’s Consumer Fraud and Deceptive Business Practices Act to prohibit businesses from...
Anthropic Not Releasing New AI Model to Public The artificial intelligence company Anthropic—recently in the headlines for demanding that the Pentagon agree to certain limitations on the use of...
CT Lawmakers Target AI in Employment A bill (SB 435) before Connecticut’s legislature would require employers to disclose to job applicants when they are communicating with artificial intelligence...
On March 11, Washington Gov. Bob Ferguson (D) signed HB 2303 . The law, which takes effect June 11, bars employers from requesting, requiring or coercing workers or job applicants to accept a subcutaneous...
ND Regulators Approve Bank-to-Bank Stablecoin Use North Dakota’s Industrial Commission approved the use of the state bank’s planned stablecoin, the Roughrider Coin, for bank-to-bank transactions...
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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.