December 10, 2020
(Washington, D.C.) — The Pharmaceutical Care Management Association (PCMA), the national association representing pharmacy benefit managers (PBMs), released the following statement on the United States Supreme Court decision in Rutledge v. Pharmaceutical Care Management Association (PCMA).
“We are disappointed in the Court’s decision that will result in the unraveling of federal protections under the Employee Retirement Income Security Act of 1974 (ERISA).
As states across the country consider this outcome, we would encourage they proceed with caution and avoid any regulations around prescription drug benefits that will result in higher healthcare costs for consumers and employers.”
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