Yost, other state AGs seek drug transparency
Ohio Attorney General Dave Yost has joined an important effort by 45 state attorneys general to push the federal government to seek more transparency in prescription-drug transactions through pharmacy benefit managers, and to ensure federal efforts do not preempt state transparency laws. It’s a significant effort because PBMs — the companies that are supposed to represent insurers in drug transactions — have always favored the federal rules and regulations over state laws. According to a report by the Ohio Capital Journal, the three largest PBMs control approximately 80% of ...