California legislation that would curb some of the most contentious business practices of pharmacy benefit managers passed the state Senate by a vote of 37-1 on Thursday.
The bill heads next to Gov. Gavin Newsom (D) after it passed the Assembly on a vote of 70-0 on Wednesday. The votes raise the prospect that California will become the latest and largest state to tighten rules on the industry. Idaho, Oregon, Vermont, and Washington have recently passed similar measures.
Health plans, business groups, and some labor unions ramped up their opposition to the measure as it moved through the Assembly, arguing ...
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