Both sides of pharmacy bill raise alarms for consumers

  • Tennessee General Assembly is considering the Fair RX Act, which would require pharmacies to divest their pharmacy benefit managers, potentially impacting prescription drug plans for consumers and employers.

(The Center Square) – A bill moving through the Tennessee General Assembly has raised consumer alarms from organizations for and against it.

House Bill 1959/Senate Bill 2040, known as the Fair RX Act, would require pharmacies to divest their pharmacy benefit managers, known as PBMs, which oversee prescription drug plans for consumers and employers.

A House Finance, Ways and Means subcommittee will consider the bill on Tuesday. In the Senate, the Finance, Ways and Means Committee advanced the bill to the full chamber for a vote…

Story continues

TRENDING NOW

LATEST LOCAL NEWS