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Iowa Law Boosts Pharmacy Accountability, Supports Independents

7/30/2025

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Summary

Story summary

Iowa's groundbreaking law, signed by Gov. Kim Reynolds, requires pharmacy benefit managers to reimburse pharmacies based on average drug prices, rather than negotiated rates. This pivotal move, aimed at boosting accountability and supporting struggling independent pharmacies, aligns Iowa with 32 other states tackling the challenges posed by powerful PBM practices.

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Story summary

Iowa's groundbreaking law, signed by Gov. Kim Reynolds, requires pharmacy benefit managers to reimburse pharmacies based on average drug prices, rather than negotiated rates. This pivotal move, aimed at boosting accountability and supporting struggling independent pharmacies, aligns Iowa with 32 other states tackling the challenges posed by powerful PBM practices.