US Supreme Court Rejects Case Over Oklahoma Drug Pricing Law (1)

The US Supreme Court declined to review an Oklahoma law restricting the business of pharmacy benefit managers, ending the state’s attempt to reverse a lower court’s decision that largely invalidated the statute.

Oklahoma is one of several states testing the limits of preemption under the federal Employee Retirement Income Security Act, which often prevents states from regulating self-insured employer health plans.

The backlash against PBMs—which manage prescription drugs for health plans and are often integrated with major insurance companies and pharmacies—has prompted states to rein in tactics critics say have caused local pharmacies to shutter.

Oklahoma’s Patient’s Right to Pharmacy ...