Sweeping Reform Raises the Stakes for PBMs and ERISA Fiduciaries
Sweeping Reform Raises the Stakes for PBMs and ERISA Fiduciaries
Early 2026 marks a coordinated turning point in the federal regulation and oversight of pharmacy benefit managers (PBMs), and these new PBM rules have significant fiduciary implications for ERISA group health plan sponsors. This alert summarizes these changes and how plan sponsors should prepare.... By: Davis Wright Tremaine LLP