An act relating to prohibiting pharmacy benefit managers from owning or operating a pharmacy in Vermont

This bill prohibits pharmacy benefit managers (PBMs) from owning or operating pharmacies within Vermont. It directly affects PBMs and pharmacies by preventing PBMs from having financial or operational control over pharmacy locations. The key provision would amend Vermont law to ban such ownership or operation arrangements, aiming to separate pharmacy management from benefit management. This change applies specifically to pharmacies licensed in Vermont and would take effect if the bill is enacted. The bill was referred to the Health Care Committee for review in February 2025.