Jackley, 38 Attorneys General Urge Congress to Ban PBMs from Owning Pharmacies

Attorney General Marty Jackley and 38 other Attorneys General are calling on Congress to ban pharmacy benefit managers (PBMs) from owning pharmacies, citing concerns over rising drug costs and harm to independent pharmacies.

By Crystal Blue April 16, 2025 8:41 am

Marty Jackley PBM reform Pharmacy benefit manager regulation PBM ownership ban Independent pharmacy protection Prescription drug cost reform Congressional action on PBMs Bipartisan letter to Congress PBMs South Dakota Attorney General news PBM conflict of interest Drug price transparency legislation PBMs and pharmacy ownership controversy Support local pharmacies 2025 — Metro Services

PIERRE, S.D. (MITCHELLNOW) Attorney General Marty Jackley and 38 other Attorneys General are urging Congress to ban pharmacy benefit managers, or PBMs, from owning pharmacies. PBMs manage prescription drug plans but now also operate pharmacies, raising concerns about price control and harm to independent businesses. Jackley says the current setup hurts small pharmacies and consumers, and calls for Congressional action. The bipartisan letter was led by Attorneys General from Arkansas, Massachusetts, Missouri, and Vermont. For more Government stories from MitchellNow.com, Click Here.

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