KASU

Arkansas Special Fiscal Session 2018

(Left to Right):  Rex Nelson, Arkansas Democrat-Gazette; Wes Brown, Talk Business & Politics; and Roby Brock, Talk Business & Politics
Talk Business and Politics

Everyone needed spring break this week to recover from last week’s end of the fiscal session and three-day special session of the Arkansas Legislature.  Two gentlemen who did not take the week off are Talk Business’ Wes Brown and Arkansas Democrat-Gazette’s Rex Nelson.  Talk Business’ Roby Brock sits down with Brown and Nelson to talk about the sessions, medical marijuana, and Governor Hutchinson’s big “smaller” idea.


Arkansas State Capitol
Wikipedia.org

LITTLE ROCK, Ark. (AP) — Arkansas lawmakers wrapped up a three-day special session Thursday by completing work on legislation pertaining to pharmacy reimbursement rates, highway funding and college savings plans, just as Gov. Asa Hutchinson was saying he hopes such special sessions don't become routine.

A bill is up for vote by the general assembly  that would protect hog farmers from lawsuits for certain environmental issues once their waste permits are approved.

The legislation was approved by the Arkansas General Assembly today, and it's meant to reassure hog farmers as well as the banks who lend them money.

At the 90-year-old Coker-Hampton Drug Company in downtown Stuttgart, the pharmacist and owner of the last 25 years, James Bethea, is deeply concerned about the reimbursement rates from Pharmacy Benefit Managers (PBMs) he believes are putting small pharmacies at risk of losing their businesses.

Bethea has chosen to continue to fill prescriptions even though a recent law in Arkansas allows pharmacists to refuse a sale if it meant that they would lose money due to reimbursement rates being lower than the price of the product.

“Those are our customers, and we’re going to take care of them,” he said.

Arkansas State Capitol
Wikipedia.org

LITTLE ROCK, Ark. (AP) — Members of the Arkansas Legislature ended their 2018 session Monday but will return to the state Capitol on Tuesday to address concerns over reimbursement rates arranged by pharmacy benefit managers in state health insurance plans and to tweak laws that could pinch off some federal highway funding.