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Governor signs bill restricting pharmacy benefit management

La. Gov. Jeff Landry recently signedabillthatwouldsignificantly reform regulations of pharmacy benefit managers (PBMs) to enhance transparency and fairness concerning compensation and reimbursement practices.

Ongoing concerns over large pharmacies owning PBMs, or middlemen that negotiate prescription drug prices and their rebates, have led to recent bills seeking to regulate possible unfair trade p…

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