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Bill

Bill

HB 740

Revise laws relating to pharmacies, pharmacy benefit managers, and other entities

2025 Regular Session Introduced by Marta Bertoglio

Montana law signed in May 2025 revises pharmacy and pharmacy benefit manager regulations, likely addressing pricing, transparency, and operational practices affecting medication access and costs.

Chapter Number Assigned
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Bill Summary · HB 740

Legislative bill overview

HB 740 revises Montana's regulatory framework governing pharmacies, pharmacy benefit managers (PBMs), and related entities. The bill has already been signed into law by the Governor as of May 5, 2025, making it an enacted statute rather than pending legislation.

Why is this important

PBMs are intermediaries between insurers, pharmacies, and patients that control drug pricing and access. This bill addresses how these entities operate in Montana, potentially affecting drug costs, pharmacy operations, patient access to medications, and competition in the pharmaceutical supply chain. Changes to PBM regulations can have downstream effects on insurance premiums, medication availability, and which pharmacies remain viable.

Potential points of contention

  • Pharmacy autonomy vs. PBM business models: Restrictions on PBM practices may conflict with their profit incentives and existing contracts with insurers
  • Cost pass-through concerns: Requirements to limit PBM markups or increase transparency could increase insurance premiums if costs are shifted elsewhere
  • Implementation complexity: New regulations on pharmacy benefit management require coordination across insurers, PBMs, pharmacies, and regulators with potentially competing interests

Compiled from official sources — confirm details with the bill’s official record.

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