Benefits & Executive Compensation News

Arkansas Wants Supreme Court Review of Drug Pricing Law

Oct. 23, 2018, 2:59 PM

An Arkansas law regulating how companies like Express Scripts and CVS Health reimburse pharmacies for prescription drugs is valid and doesn’t interfere with federal employee benefits law, the state told the U.S. Supreme Court.

Arkansas on Oct. 22 asked the justices to overturn a federal appeals court’s 2018 decision striking down the state’s drug pricing law as preempted by the Employee Retirement Income Security Act.

The Arkansas law is a valid attempt to “curb abusive prescription drug reimbursement practices” by companies known as pharmacy benefit managers, the state said. The U.S. Court of Appeals for the Eighth Circuit deepened a...

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