AG Derek Schmidt asks U.S. Supreme Court to preserve state authority to regulate pharmacy benefit managers

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TOPEKA – (November 29, 2018) – Kansas Attorney General Derek Schmidt has asked the U.S. Supreme Court to overturn a lower court’s ruling that state laws regulating pharmacy benefit managers (PBMs) had been preempted by the federal government. In a brief filed last week in support of an Arkansas case, Schmidt, as part of a bipartisan group of attorneys general of 32 states and the District of Columbia, argued that a ruling by the U.S. Court of Appeals for the 8th Circuit applied an overly broad interpretation of federal law to reach the conclusion that state-level regulations are preempted. The attorneys general asked the Supreme Court to take up the case and reverse the lower court’s decision. “States have sought to employ their traditional police...

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AG Derek Schmidt asks U.S. Supreme Court to preserve state authority to regulate pharmacy benefit managers

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