8th Circuits Finds ERISA Preempts Iowa Generic Drug Pricing Law

(February 7, 2017, 10:16 AM EST) -- ST. PAUL, Minn. — Finding that an Iowa law pertaining to generic drug pricing expressly and implicitly refers to the Employee Retirement Income Security Act, an Eighth Circuit U.S. Court of Appeals panel on Jan. 11 ruled that the state law is preempted by ERISA, reversing a trial court judgment dismissing the declaratory action brought against Iowa’s insurance commissioner and attorney general (Pharmaceutical Care Management Association v. Nick Gerhart, et al., No. 15-3292, 8th Cir., 2017 U.S. App. LEXIS 476)....