Pharmacists for Fair Reimbursement What your state's PBM laws actually mean for community pharmacies
State Tracker Updated June 15, 2026

South Dakota: what the PBM reimbursement law requires

South Dakota requires MAC transparency and bars a PBM from paying an in-state pharmacy less than it pays its own affiliate for the same drug — but it sets no reimbursement floor tied to drug cost.

Status Partially enacted
Law SDCL §§ 58-29E-16 to 58-29E-19 (HB 1135, 2023)
Effective date 2023
Reimbursement basis No reimbursement floor tied to drug cost. A PBM may not reimburse an in-state pharmacy less than it reimburses a PBM affiliate for dispensing the same drug, calculated per unit (anti-self-dealing parity). PBMs must keep MAC lists transparent (with updates on price increases) and may not charge pharmacies certain fees.
Professional dispensing fee Not specified in statute (the law bars PBMs from charging pharmacies a dispensing fee)

South Dakota’s PBM law (SDCL ch. 58-29E, from HB 1135 of 2023) protects pharmacies through anti-self-dealing parity rather than a reimbursement floor. A PBM may not pay an in-state pharmacy less than it pays its own affiliate for dispensing the same drug on a per-unit basis.

The chapter also requires MAC-list transparency and prompt updates and bars PBMs from charging pharmacies certain fees, but it does not tie reimbursement to NADAC or acquisition cost.

Sources

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