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NY A09184
Bill
Status
10/17/2025
Primary Sponsor
Jonathan Jacobson
Click for details
AI Summary
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Prohibits any person or entity from directly or indirectly owning, operating, or controlling an insurance company, pharmacy benefit manager, and/or pharmacy in combination
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Defines "indirect control" as any agreement, ownership stake, or relationship allowing a pharmacy owner to influence insurance company or PBM operations in New York
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Requires entities currently in violation to divest from their pharmacy, insurance company, and/or pharmacy benefit manager holdings within three years of the law taking effect
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Authorizes the Attorney General to bring civil actions against violators with penalties of $10,000 per day plus costs and attorneys' fees
Legislative Description
Provides limitations on overlapping control between insurance companies and pharmacy benefits managers and pharmacies; requires divestment of the interest in one or more insurance companies and pharmacy benefits managers.
Last Action
referred to insurance
1/7/2026