Tag: gavin newsom

California Governor Gavin Newsom has joined the growing war on pharmacy benefit managers (PBMs) by signing SB-41. The bill contains a raft of technical regulations designed to make life difficult for PBMs. This is the wrong approach. Attacking PBMs will send drug prices up, not down. PBMs serve consumers. They negotiate drug prices with large. Continue reading How California’s Crackdown on PBMs Could Raise, Not Lower, Drug Costs The post How California’s Crackdown on PBMs Could Raise, Not Lower, Drug Costs appeared first on Fair Observer.