NJ Assembly approves bill to rein in prescription drug middlemen

The Assembly approved a bill to limit the power of pharmacy benefit managers, middlemen that critics say push drug prices higher.

By: Lilo H. Stainton

Outlets: New Jersey Monitor

Published: May 18, 2026

Words: 590

Last Updated: 1 month, 2 weeks ago


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The state Assembly approved a measure Monday that would add New Jersey to a growing list of states seeking to curb the power of prescription drug intermediaries in hopes of making medications more affordable.

In a 59-18 vote largely along party lines, the Assembly passed the Democratic-sponsored bill to rein in pharmacy benefit managers, or PBMs, a measure supporters say would level the playing field for community pharmacies and give patients …

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