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The Nexus
HEALTHJun 27 · 04:06 UTCWPLG LOCAL 10 MIAMIBy JOHN HANNA, Associated Press

States seek to lower drug prices by targeting the companies that manage them for health plans

States are enacting laws to regulate pharmacy benefit managers (PBMs) like CVS to lower drug prices, with Tennessee banning PBMs from operating retail pharmacies by 2028. CVS and other PBMs are contesting these regulations through lawsuits and advertising campaigns, arguing they help reduce drug costs by promoting generic medications.

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