In Tennessee, lawmakers are advancing the FAIR Rx Act (SB 2040/HB 1959), a legislative effort aimed at dismantling pharmacy monopolies by prohibiting pharmacy benefit managers (PBMs) from owning or controlling retail pharmacies. The bill directly targets vertically integrated healthcare giants like CVS Health, which owns the Caremark PBM, the CVS retail pharmacy chain, and the health insurer Aetna. In response, CVS has forecasted that the bill’s passage would affect access, forcing the closure of all …
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