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The State AG Report – 12 8 2022 | Cozen O Connor

Here are this week’s curated AG and federal regulatory news stories highlighting key areas in which state and federal regulators’ decisions are having an impact across the US: .

Pharmacy Benefit Managers are driving costs on prescription drugs

Pharmacy Benefit Managers, also known as PBMs, are responsible in large part for driving up the out-of-pocket costs of prescription medications.

Thousands of Pharmacies Will Return to Tricare in January

The return will brings back a fraction of the nearly 15,000 pharmacies that left the network in October.

Tricare saga continues

More than 2,000 independent pharmacies are said to be rejoining the Tricare retail pharmacy network, according to officials at Cigna/Express Scripts, which manages the prescription plan. As of Oct. 24, there were 14,963 independent pharmacies that left the Tricare retail pharmacy network primarily due to their objections about low reimbursement rates out of 55,586 retail pharmacies in the network.

Massachusetts Settles With Walmart Over Workers Compensation Drug Prices

Retail pharmacy Walmart has agreed to pay $500,000 to Massachusetts after allegedly failing to follow the state's prescription pricing procedures designed

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