News & Events

Fighting for Rural & Community Pharmacies

Pharmacy benefit managers (PBMs) need to be held accountable for the alarming number of small-town pharmacies they have closed due to unfair business practices. PBMs are middleman companies that pay pharmacists for prescription drugs dispensed to insurance beneficiaries. The General Assembly passed Act 900 in 2015 to require Arkansas pharmacies to be reimbursed by PBMs at fair rates. The law was necessary because more than 16% of rural pharmacies had closed in recent years due to declining PBM payments on generic prescriptions causing Arkansans to be unable to receive necessary medications.