A Minnesota law imposing restrictions on pharmacy benefit managers interferes with health-plan design and is preempted by federal statute, the ERISA Industry Committee said in a suit filed in Minnesota federal court.
The law also illegally attempts to regulate plans in other states, the employer group argued Friday in the US District Court for the District of Minnesota.
The suit is the first legal challenge to a state PBM law by ERIC, which is mostly comprised of large nationwide employers that sponsor workers’ health and retirement plans.
It’s the latest volley between state regulators and industry groups in a yearslong ...
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