Prohibits pharmacy benefit managers from owning, operating, or controlling pharmacies.
This bill amends the education law to prohibit any person, firm, corporation, or association from owning, operating, or controlling pharmacies directly or indirectly if they also own, operate, or control a pharmacy benefit manager. It defines "pharmacy benefit manager" as per the public health law. Violators must divest from such ownership, operation, or control within three years of the law's enactment. The act takes effect immediately.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.