Bill H.156, introduced by Representative Cordes of Bristol, aims to prohibit pharmacy benefit managers (PBMs) from owning or operating pharmacies in the state of Vermont. The legislation seeks to address potential conflicts of interest and ensure that pharmacies operate independently from the influence of PBMs, which are entities that manage prescription drug benefits on behalf of health insurers.
The bill does not include specific insertions or deletions in the legal language, but its primary focus is on establishing a clear boundary between the operations of PBMs and pharmacies to promote fair competition and protect consumer interests in the healthcare system.