State PBM battles near the finish line, but new fights loom

By Allison Bell

News February 26, 2026 at 04:31 PM

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What You Need To Know

All states now regulate pharmacy benefit managers.
Most block PBM restrictions about what pharmacists can say about prices.
As of Jan. 1, at least 15 let PBMs shut pharmacies willing to accept their terms out of their networks.

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