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New Alaska Law Permits State Regulation of PBMs and TPAs
Hall Benefits Law 
[Guidance Overview] Mar. 4, 2026 "Alaska has enacted a law that allows the Alaska Division of Insurance to license and regulate PBMs [and] extends the Division's equivalent licensing and regulatory powers to third-party administrators (TPAs) ... The new Alaska law has avoided ERISA preemption by establishing an exemption for TPAs that provide administrative services solely for ERISA plans. However, the TPAs subject to the new law -- even if they service some ERISA-governed plans -- will now have to take certain measures[.]" MORE >> |
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