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PA Lawmakers Pass Bill Regulating PBMs The Pennsylvania legislature passed a bill ( HB 1993 ) aimed at increasing oversight of pharmacy benefit managers. If signed by Gov. Josh Shapiro (D), the measure...
In a sign of the times, states have begun pursuing bills that require disclosure of the use of artificial intelligence. In March, Utah Gov. Spencer Cox (R) signed SB 149 , making the state the first...
NY Enacts Social Media Protections for Minors New York Gov. Kathy Hochul (D) signed first-in-the-nation legislation ( SB 7694 ) prohibiting social media platforms from providing algorithmic feeds to...
CA to Make Changes to Labor Law Costing Employers Billions Business and labor groups in California have agreed on changes to the Private Attorney’s General Act, a landmark state law that has allowed...
PBMs Driving Up Prescription Drug Prices The three largest pharmacy benefit managers—CVS Health, Cigna and UnitedHealth Group—often “steer patients toward pricier drugs, charge steep...
The Biden administration announced plans to develop new rules that would prevent unpaid medical bills from counting towards consumers’ credit scores. The new rules, which administration officials said would be developed next year, are likely to face strong opposition from the healthcare industry. (KFF HEALTH NEWS)
A report released last week by the First Street Foundation indicates that about 39 million homes in America—about a quarter of the total number nationwide—aren’t adequately priced for the climate risk associated with insuring them. The report said premiums are likely to rise most in states like California and Florida that are prone to devastating wildfires and storms, but climate change-related events like the fire that destroyed the town of Lahaina, Maui could drive up insurance costs in other states as well. (ASSOCIATED PRESS)
Florida Rep. Daniel Perez (R), formerly selected last week as the new speaker of the House, said he intended to focus on more property insurance reform next year, telling reporters the Legislature’s efforts so far were only “chipping away” at the problem. (INSURANCE JOURNAL, ORLANDO SENTINEL)
Fueled by inflation, bank failures and government distrust, bills aimed at recognizing gold and silver as legal tender have been introduced in half of the states and enacted in six of them this year. “2023 was our most productive, our most successful year, as far as sound money legislation,” said J.P. Cortez, executive director of the Sound Money Defense League, a group based in North Carolina that supports the legislation. (PLURIBUS NEWS)
—Compiled by SNCJ Managing Editor KOREY CLARK
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