Kentucky’s independent pharmacies, facing ongoing financial pressure, had hoped for relief from a new law meant to give them more clout against prescription drug industry middlemen known as pharmacy benefit managers, or PBMs.

“Most pharmacies were just hanging on for Senate Bill 188,†said independent pharmacist Rosemary Smith, referring to the 2024 legislation sponsored by Sen. Max Wise, R-Campbellsville, meant to strengthen state regulation of PBMs.

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Kentucky Senate Republican Leader Max Wise of Campbellsville has sponsored bills to limit pharmacy benefit managers’ control of the prescription drug market.

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Kentucky Insurance Commissioner Sharon Clark

This article was originally published by the Kentucky Lantern, a nonprofit news site covering state government and politics, at .

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