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Tennessee's FAIR Rx Act (SB 2040) would force pharmacy benefit managers to make a choice: operate as a PBM or own pharmacies. Not both.

Key Points:

📋 The bill: SB 2040 would bar any PBM from holding or controlling a pharmacy license in Tennessee, with full divestiture required by January 1, 2027.

⚠️ CVS's response: The company says the bill would force closure of all 134 retail locations in the state, plus 25 MinuteClinic sites and specialty pharmacies, putting thousands of jobs at risk.

📊 The audit that sparked it all: A February 2026 state audit found CVS Caremark significantly reimbursed its own pharmacies at higher rates than independent competitors. Bill sponsors, several of whom are pharmacists themselves, call CVS's closure threat "fear-mongering."

What do you think, is this the key to solving the many issues that pharmacies are facing today? Drop your thoughts below.

🔗 Read the full article:

Tennessee Bill Would Force CVS to Choose: Be a PBM or Run Pharmacies, Not Both Tennessee's SB 2040 would ban PBMs from owning pharmacies. CVS threatens to close all 134 locations. Here's what pharmacists need to know.