Bill > A06546

This bill prohibits any person, firm, corporation, or association from simultaneously owning, operating, or controlling both a pharmacy and a pharmacy benefit manager (PBM). A pharmacy benefit manager is a third-party administrator that manages prescription drug programs for health insurers, employers, and other organizations. The bill requires any entities currently in violation of this prohibition to divest their ownership, operation, or control of either the pharmacy or the PBM within three years of the law's enactment. By preventing the same entity from owning both a pharmacy and a PBM, the legislation aims to reduce potential conflicts of interest and prevent practices that could manipulate drug pricing or limit consumer choice. The goal appears to be creating a more transparent and competitive pharmaceutical marketplace by ensuring that PBMs cannot directly benefit from owning pharmacies while simultaneously managing prescription drug benefits for other organizations.

Education

https://www.nysenate.gov/legislation/bills/2025/A6546