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Measure takes aim at PBMs

Posted On: Mar. 17, 2021 10:12 AM CST

The Wisconsin Legislature on March 16 approved a bill that aims to reduce prescription drug costs by taking aim at pharmacy benefit managers, Channel300.com - WISC-TV3 reports. The new bill would require PBMs to enroll with the state and submit annual reports on rebates they receive from drug manufacturers and whether they have passed on those savings to customers.

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