Senate Bill 2040 in Tennessee could lead CVS to close over 100 stores, impacting access to pharmacy care, but lawmakers assert closures are not the bill's intent.

SB2040 would limit how pharmacy benefit managers operate in Tennessee. CVS Health said this would devastate pharmacy care access and affordability in the state.

A bill moving through the Tennessee legislature could reshape how prescription drugs are managed, setting up a clash between lawmakers and one of the largest pharmacy companies in the U.S.

KNOXVILLE, Tenn. (WATE) — CVS is working to block a state bill which would prevent pharmacies from being owned by pharmacy benefit managers, or PBMs, which are essentially the middleman in any ...