A third lawsuit has been filed against Iowa’s insurance commissioner over the legality of a new state law regulating pharmacy benefit managers, the third-party companies that act as intermediaries between insurance companies, drug manufacturers and pharmacies. A group of insurance companies argue SF 383, signed into law earlier this year, “upends the prescription-drug coverage that […]
Iowa Insurance Division
Posted inCommunity/News
Wellmark celebrates as judge in lawsuit temporarily restricts parts of Iowa law regulating prescription drug cost negotiators
Iowa’s law putting new regulations on pharmacy benefits managers is temporarily blocked from enforcement for Wellmark Blue Cross-Blue Shield health plans and insurance policies. Chief U.S. District Judge Stephanie Rose issued a temporary injunction last week in the case, brought earlier this month by Iowa’s largest health insurer against the state insurance commissioner. The case […]
