e Health Care Committee

Legislation to License Pharmacy Benefit Managers Delayed Until 2013

Known as PBMs, they act as middle men to siphon money out of the system, according to Rep. Jim Thompson

February 16, 2012 -- A bill that would require pharmacy benefit managers in Oregon to obtain a license, and renew it every year with the State Board of Pharmacy, has been moved out of the 2012 legislative session.

House Bill 4122 will, instead, be the subject of a workgroup in the interim. That workgroup will be chaired by Rep. Jules Bailey (D-Portland) and Rep. Jim Thompson (R-Dallas), the co-chair of the House Health Care Committee.

In an interview with The Lund Report, Thompson explained how those managers, or PBMs, fit into the pharmacy stream.

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