July 10, 2010 - DC Law Designating Pharmacy Benefit Managers As Fiduciaries Rejected.

The Hill 's (7/10, Pecquet) "Healthwatch" blog said "a local law designating Pharmacy Benefit Managers as fiduciaries was struck down by the DC appeals court today" after a three-judge panel on the US Court of Appeals for the District of Columbia "found that key portions of the 2004 law were unconstitutional." The blog noted that the law never went into effect in DC "because of an injunction filed right after the law passed." The court said "PBMs are regulated exclusively by federal law," so "states and local governments can't impose other requirements."