A bill that takes a unique, aggressive strategy to require pharmacy benefit managers pass drug rebates through to plans was passed out of a Montana Senate committee with only Republican support Thursday (Feb. 14). The Montana insurance commissioner designed the bill to survive legal challenges, but it could be vetoed by Montana’s Democratic governor. While the bill would effectively regulate PBMs, it would be the first in the nation to do so indirectly through the insurance commissioner’s authority. Supporters of...