CVS and Express Scripts asked a federal judge on Thursday to block a law prohibiting pharmacy benefit managers from owning or operating pharmacies in Arkansas, challenging the first such restriction enacted by a state. The lawsuits come a little over a month after Gov. Sarah Huckabee Sanders signed the legislation restricting pharmacy benefit managers, also known as PBMs, which run prescription drug coverage for big clients that include health insurers and employers that provide coverage. Supporters of the Arkansas law have said it’s needed because PBMs are forcing independent pharmacies, especially those in rural areas, to close.
Read the full article: CVS and Express Scripts Sue Arkansas over Restriction on Pharmacy Benefit Managers //
Source: https://abcnews.go.com/Business/wireStory/cvs-express-scripts-sue-arkansas-restriction-pharmacy-benefit-122330130