"While group health plan sponsors (plan sponsors) have been grappling with PBM reform laws at the state level, plan sponsors should now be aware of two key developments at the federal level ... [T]hese developments will fundamentally reshape the business and financial practices of PBMs and how plan fiduciaries engage with and monitor their PBMs and other service providers. Both initiatives share a common objective: ensuring that plan sponsors have the information necessary to fulfill their fiduciary duties under ERISA when selecting and monitoring PBMs."  MORE >>