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Fair Rx Act

Coverage of Fair Rx Act in the Nexus archive.

Earliest in view: Jun 26 · 10:00 UTCMost recent: Jun 30 · 12:30 UTC
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  • BUSINESSJun 30 · 12:30 UTCWSMV4 NASHVILLE
    Three companies file lawsuits after Tennessee Gov. Lee signs ‘Fair Rx Act’ bill

    Three companies, including CVS, have filed lawsuits challenging Tennessee Gov. Bill Lee's 'Fair Rx Act,' which restricts companies from owning pharmacies, pharmacy benefit managers, and insurers starting July 1, 2028. Supporters argue the law limits corporate control in the prescription drug system, while CVS claims it will close 134 pharmacies, increase drug costs, and violate the Dormant Commerce Clause by targeting out-of-state businesses.

  • BUSINESSJun 26 · 10:00 UTCTENNESSEE LOOKOUT
    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.