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California's PBM Fiduciary Law Faces an ERISA Challenge: Why This Matters
Buchanan Ingersoll & Rooney PC Link to more items from this source
Jan. 27, 2026

"For independent pharmacies, this lawsuit highlights a recurring and frustrating reality: When states attempt meaningful PBM reform, ERISA often becomes the battleground.... [The case] reinforces a key takeaway: lasting and sustainable PBM reform may ultimately require federal action and not just state based regulation." [Pharmaceutical Care Management Association v. Bonta, No. 26-0012 (C.D. Calif. complaint filed Jan. 2, 2026)]  MORE >>

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