Pharmacy benefit manager (PBM) legislation continues to be a major focus in 2025, and Indiana joined the trend with the passage of Senate Bill 140 (SB 140), which was signed into law on May 6, 2025.
This alert summarizes the provisions of SB 140 that will impact employer group health plans and provides action items for affected employers. This alert is relevant for employers sponsoring prescription drug plans that cover Indiana residents.
