12 State Financial Officers Commit to Encourage Compliance With PBM Rule

Tate Rosentreter | The Center Square | October 1, 2026

Twelve state financial officers sent a letter to the Department of Labor praising it for providing employers with necessary information to help manage and save on healthcare costs, while also committing to help the department enforce Trump’s proposed Pharmacy Benefit Manager (PBM) rule…

The twelve signers of the letter to the Department of Labor include Indiana Comptroller Elise Nieshalla, Kentucky Auditor Allison Ball, Kentucky Treasurer Mark Metcalf, Louisiana Treasurer John Fleming, Montana Auditor Jim Brown, Nebraska Auditor Mike Foley, Nebraska Treasurer Joey Spellerberg, North Dakota Treasurer Thomas Beadle, South Carolina Treasurer Curtis Loftis, Utah Treasurer Marlo Oaks, West Virginia Treasurer Larry Pack, and Wyoming Treasurer Curt Meier…

The 12 state financial officers wrote in their letter to the Department of Labor that they “commend recent efforts” by the department “to increase ERISA group health-plan access to plan data and related transactions and decrease costs in the healthcare industry.”

Additionally, the officers indicated their “willingness to encourage compliance with Department rulemaking and guidance in this regard,” including Trump’s new proposed pharmacy benefit managers (PBM) rule, the letter said.

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To read the full letter, click HERE.

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