Gov. Brian Kemp signed legislation Wednesday tightening rules on third-party companies that play a role in negotiating pharmaceutical drug prices between insurers and local... PBM rules tightened in bill signed by Kemp

Gov. Brian Kemp signed legislation Wednesday tightening rules on third-party companies that play a role in negotiating pharmaceutical drug prices between insurers and local pharmacies in Georgia. The bill Kemp signed into law requires companies called pharmacy benefits managers (PBMs) to set drug prices within a national average, a move aimed at reining in excessively high prescription prices.

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