Do We Fix American Healthcare With A Scalpel Or A Sledgehammer?

One of the biggest mistakes in politics? Pretending that complex systems can be fixed by attacking one tiny part of them with a sledgehammer and pretending there won't be any consequences.

Arkansas just imposed a new law (Act 624) banning Pharmacy Benefit Managers (PBMs) from owning or operating pharmacies in the state. On the surface, it sounds like a win for “fair competition.” But is this the start of a dangerous trend?