Legal analysists are calling a recent court ruling a win for pharmacy benefit managers (PBMs) and self-funded health insurance plans, with an appeals court ruling that PBM structures such as requiring the use of mail-order pharmacies cannot be restricted by state law.
The case, Pharmaceutical Care Management Association (PCMA) v. Mulready, centered on Employee Retirement Income Security Act of 1974 (ERISA) and its preemption of state laws. ERISA allows the federal government to set uniform standards for retirement and health plans in the country, avoiding a patchwork quilt of health care regulations.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
