South Carolina has active PBM-reform legislation but no reimbursement floor in force. S 342 (with companion H 4791) would prohibit a PBM from reimbursing below 104% of NADAC plus a professional dispensing fee no less than the state Medicaid dispensing fee, using WAC where NADAC is unavailable, and would enforce the floor through a complaint process at the Department of Insurance.
As of early 2026 the bills remain in committee — S 342 received a favorable committee report with amendment in March 2026 — and neither has passed both chambers or been signed. The bills’ own effective-date language can be misread as enacted law; legislative status confirms they are pending.