The Arkansas Insurance Department will require pharmacy benefit managers (PBMs) to include dispensing fees in their reimbursements to pharmacies for prescription drugs, a legislative panel ruled Thursday.

Arkansas lawmakers are teaming up against pharmacy benefit managers. Many have been outspoken for months, saying PBMs continue hurting independent pharmacies in the natural state.

Arkansas lawmakers are cracking down on pharmacy benefit managers (PBM) after passing a law that fines them up to $5,000 per violation of medication pricing standards paid to pharmacies.

In an emergency ruling, Arkansas lawmakers have moved to fine pharmacy benefit managers following a months-long debate.

Rand told lawmakers that for about the past year, health insurance plans and pharmacy benefit managers have been reimbursing pharmacies in Arkansas "very close" to what it costs to buy ingredients without dispensing fees, or sometimes even reimbursing pharmacies below what it costs the pharmacies to purchase drugs.