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The Independent UK
The Independent UK
Lifestyle
Owen Scott

CVS says it will be forced to pull out of state if new law goes into effect

CVS CVS Health Tennessee
CVS has already closed more than 1,100 of its pharmacy stores since 2022 - (Getty Images)

CVS Health has warned it could close all 134 of its pharmacies in Tennessee if a new state bill, Senate Bill 2040, is passed by lawmakers.

The proposed legislation aims to prohibit the co-ownership of pharmacies and pharmacy benefit managers (PBMs), which act as middlemen between pharmacies, health insurers, and drug manufacturers.

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