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.