California bill aims to curb rising drug costs by targeting PBMs

By Allison Bell

News September 11, 2025 at 01:26 PM

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What You Need To Know

Senate Bill 41 would ban prescription drug spread pricing and limit PBM fees.
In June, California Gov. Gavin Newsom signed a budget bill that included a different PBM regulation provision.
Last year, Newsom vetoed a PBM oversight bill.

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