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Minnesota defends N.D. laws on drug-benefit companies State AG Ellison says states have the right to regulate pharmacy-benefit companies.  July 1, 2021 5:26pm Text size Copy shortlink: Minnesota Attorney General Keith Ellison said in a court filing Thursday that states have a fundamental right to regulate prescription-drug middlemen firms called pharmacy benefit managers (PBMs), which control a growing share of the $370 billion-plus retail U.S. prescription drug market. PBMs have exploited decades of lax or non-existent regulation to become a massive part of the prescription-medication industry, says a filing from Ellison s office in a case involving a regulatory dispute in North Dakota before the 8th U.S. Circuit Court of Appeals. State regulation is necessary to curb PBM practices that harm pharmacies, consumers and states.

United statesNorth dakotaDistrict of columbiaKeith ellisonSarah derrUnitedhealth group in minnetonkaUs supreme courtUs circuit courtCare management associationMinnesota pharmacists associationUs chamberMinnesota attorney general keith ellisonPharmaceutical care management associationEmployee retirement income security actUnitedhealth groupPrime therapeutics