Oklahoma PBM bill signed into law

NCPA April 27, 2022

Oklahoma Gov. Kevin Stitt (R) signed SB 737 into law. The legislation protects patients and pharmacies from PBM abuses by giving the insurance commissioner greater enforcement authority over PBMs, prohibiting the practice of spread pricing, and prohibiting pharmacy network participation fees. The legislation follows a recent legal victory (PCMA v. Mulready) in which a federal court found that the federal ERISA law does not preclude the state from enforcing the Oklahoma Patient’s Right to Pharmacy Choice Act. Congratulations to community pharmacy advocates in Oklahoma for these important victories!