Thursday, September 17, 2026Vol. XII · No. 214

Healthcare

State Legislative Trends Restricting PBM Ownership of Pharmacies

PeoplePeople Search Our Team Name Practice / Industry - All - 340B Program Acquisitions and Dispositions Appellate Artificial Intelligence Automotive Industry Banking & Financial Institutions Bankruptcy, Restructuring & Creditor's Rights Business Succession Pl

State Legislative Trends Restricting PBM Ownership of Pharmacies
Wire / Centuries Mutual

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Regardless, the states below have filed bills with similar restrictions, perhaps with the goal of having these laws on the books in the event Arkansas prevails. The Arizona Senate is considering legislation that would prohibit PBMs from owning or holding, directly or indirectly, pharmacy permits in the state. SB 1545 defines “PBM” broadly to include PBM subsidiaries, entities managed by PBMs, and entities with direct or indirect ownership interests in PBMs. Enforcement would be assigned to the Arizona State Board of Pharmacy (the Board), which would be required to revoke or refuse to renew noncompliant permits and oversee a transition and notice framework. The bill includes limited exceptions intended to preserve patient access. The Board may convert an existing permit to a limited‑service pharmacy permit to allow continued dispensing of rare, orphan, or limited‑distr…


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