Urging Approval for PBM Licensure and Regulation Model Act (June 2021)
Summary
Dated June 21, 2021, this letter from NAIC Consumer Representatives urges the Health Insurance and Managed Care (B) Committee to approve the Pharmacy Benefit Manager (PBM) Licensure and Regulation Model Act and develop a white paper. It highlights PBMs’ role in drug pricing and access, supports the Draft Model Act for PBM regulations, and underscores the need for a white paper to address unresolved issues and the implications of the Supreme Court ruling in Rutledge vs. PCMA.
