S378 — Provides that pharmacy benefits managers have fiduciary duty to financial interests of covered persons.

S378 — Provides that pharmacy benefits managers have fiduciary duty to financial interests of covered persons. · Informed CitizenrySenate Bill 378 aims to establish a legal 'fiduciary duty' for Pharmacy Benefits Managers (PBMs). In plain terms, this means that PBMs, which are organizations that manage prescription drug plans a…Open in Informed Citizenry