High Court Seeks U.S. View On ERISA Fiduciary Dispute Over Insurer, PBM Price-Setting

Mealey's (December 13, 2021, 10:52 AM EST) -- WASHINGTON, D.C. — The U.S. Supreme Court on Dec. 13 invited the solicitor general to file a brief expressing the United States’ views on a petition by health plans and individual subscribers for review of a ruling that a health benefits provider and a pharmacy benefits manager (PBM) were not acting as fiduciaries under the Employee Retirement Income Security Act when they set prescription drug prices....