PBMs Warn of Unintended Consequences of Arkansas PBM Law
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Apr 24, 2025
Major PBMs are warning that a recently passed law in Arkansas that bans them from owning pharmacies could have unintended consequences and hurt medication access for underserved people, including those who have chronic conditions and those in rural areas. The legislation, HB1150, declares that PBMs starting on Jan. 1, 2026, will not be able to own or operate retail, mail-order or specialty pharmacies in Arkansas, which is the first state to adopt such a mandate.
Patrick Conway, M.D., CEO of UnitedHealth Group’s Optum Rx PBM, told analysts on an April 17 earnings call that the legislation “concerns us significantly” and said that “we’re honestly not sure what problem they’re trying to solve.”
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