Tennessee Pharmacists Association
Coverage of Tennessee Pharmacists Association in the Nexus archive.
- More PBMs file lawsuits against Tennessee over bill banning ownership of stores
Tennessee lawmakers passed a bill banning pharmacy benefit managers (PBMs) from owning pharmacies, leading to lawsuits from CVS, Express Scripts, and the Pharmaceutical Care Management Association. The law, called the Fair Rx Act, was supported by lawmakers with ties to local pharmacies and the Tennessee Pharmacists Association. Similar legislation in Arkansas faced legal challenges and was blocked by a federal judge.
- CVS sues Tennessee over pharmacy benefit manager monopoly law
CVS Health sued Tennessee after the state passed a law banning pharmacy benefit managers (PBMs) from owning pharmacies, targeting CVS as the only company in Tennessee with both a PBM and physical pharmacies. The law aims to address disparities in drug reimbursement rates between affiliated and non-affiliated pharmacies, with state lawmakers calling it PBM reform. CVS claims the law is unconstitutional and will restrict patient access to medications.