Pharmacy Owner Talks About New Law to Protect Small Pharmacies and Customers

Drugstore giant's ominous warning as dozens of stores suddenly put at risk

BOSSES of a major drugs chain have issued a warning as dozens of the retailer’s stores were plunged into uncertainty.  Fears are rising that the outlets could close for good.  GettyDozens of CVS stores risk being plunged into jeopardy thanks to a new law[/caption] And, it’s not poor sales that could cause the demise of the locations. CVS pharmacies across Arkansas face uncertainty after a new law was passed in the state. The law cracks down on p…

Pharmacy owner talks about new law to protect small pharmacies and customers

EVANSVILLE, Ind. (WEHT) — A bill to protect small pharmacies and their customers is a new law in Indiana. Governor Mike Braun signed the bill into law last week. It addresses restrictive practices by drug insurance negotiators, which an owner at an Evansville pharmacy says is a step in the right direction. "We are trying to benefit the community and provide value our patients, and it is frustrating when you don't see it out of their insurance co…

West Seventh Pharmacy to close after 110 years

Jeff Johnson raised seven kids in the West Seventh Street neighborhood, moving houses four times across 42 years, but never relocating much more than a mile from the century-old pharmacy he purchased with his wife and a business partner in 1999. The business partner was bought out more than a decade ago, and with the Johnsons — husband-and-wife pharmacists — looking to retire this year, the couple put the West Seventh Pharmacy up for sale, inclu…

Pharmacy Giant May Close ALL Arkansas Locations After Crackdown on Drug Prices * 100PercentFedUp.com * by Kaley

Pharmacy giant CVS is reportedly on the verge of closing all 23 of its locations in the state of Arkansas. This comes after Gov. Sarah Huckabee Sanders signed a bill into law that takes aim at the overinflated prices seen at CVS and other similar pharmacies. The law bans drug middlemen, called Pharmacy Benefits Managers (PBMs), from owning pharmacies in the state. Take a look: CVS closing all 23 pharmacy locations in Arkansas Governor Sarah Huc…

Indiana Governor signs Senate Bill to protect small pharmacies

INDIANAPOLIS, Ind. (WTWO/WAWV)— Indiana Governor Mike Braun signed Senate Bill 140 last week to address restrictive practices by pharmacy benefit managers. The bill that was signed into law establishes critical protections for local pharmacies and their patients. Senate Bill 140 will require pharmacy benefit managers to reimburse pharmacies fairly for their services based on the average cost to purchase and dispense medications. It also guarante…

Pharmacy Giant May Close ALL Arkansas Locations After Crackdown on Drug Prices

Pharmacy giant CVS is reportedly on the verge of closing all 23 of its locations in the state of Arkansas. This comes after Gov. Sarah Huckabee Sanders signed a bill into law that takes aim at the overinflated prices seen at CVS and other similar pharmacies. The law bans drug middlemen, called Pharmacy Benefits Managers (PBMs), from owning pharmacies in the state. Take a look: CVS closing all 23 pharmacy locations in Arkansas Governor Sarah Huc…