The PBM Act prohibits pharmacy benefit managers and pharmacies from being under common ownership to prevent conflicts of interest and ensure fair.

The PBM Act, or Patients Before Monopolies Act, aims to prohibit pharmacy benefit managers and pharmacies from being under common ownership to prevent conflicts of interest and ensure fair competition. The Act mandates that entities violating this prohibition must divest their pharmacy businesses within one year. It empowers the Federal Trade Commission and the Department of Justice to enforce this prohibition and block any actions that would harm competition. The Act also allows state attorneys general to bring civil actions on behalf of residents affected by such violations.

The PBM Act prohibits pharmacy benefit managers and pharmacies from being under common ownership to prevent conflicts of interest and ensure fair.

The PBM Act, or Patients Before Monopolies Act, aims to prohibit pharmacy benefit managers and pharmacies from being under common ownership to prevent conflicts of interest and ensure fair competition. The Act mandates that entities violating this prohibition must divest their pharmacy businesses within one year. It empowers the Federal Trade Commission and the Department of Justice to enforce this prohibition and block any actions that would harm competition. The Act also allows state attorneys general to bring civil actions on behalf of residents affected by such violations.