Bill > H0156

This bill aims to prohibit pharmacy benefit managers (PBMs) from owning or operating pharmacies in Vermont. Pharmacy benefit managers are third-party administrators that manage prescription drug programs for health insurers, employers, and other organizations. The bill seeks to prevent potential conflicts of interest where PBMs might unfairly advantage their own pharmacies or manipulate drug pricing and reimbursement rates to the detriment of independent pharmacies and consumers. By restricting PBMs from directly owning or operating pharmacies, the legislation intends to promote fair competition in the pharmaceutical marketplace and protect the interests of independent pharmacies and patients in Vermont. While the provided XML document does not contain the full text of the bill, the government summary and bill title clearly outline the primary purpose of prohibiting PBM ownership of pharmacies within the state.

Health and Social Services

https://legislature.vermont.gov/bill/status/2026/H.156