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Senate Panel Votes to Tighten Rules on Big Pharmacy Firms

  • Arkansas Governor Sarah Huckabee Sanders supports a new state law targeting pharmacy benefit managers, set to take effect in January 2026, that aims to protect small pharmacies and restrict PBMs from owning pharmacies in the state.
  • CVS, which owns Caremark, one of the largest PBMs, has threatened to close all 23 of its Arkansas pharmacies in response to the law, reflecting tensions over PBMs’ market control and reimbursement practices.
  • Sanders criticized CVS for prioritizing ownership of PBMs over operating pharmacies and expressed optimism that the law will preserve local pharmacy access and reduce prescription drug prices for consumers.
  • The law prohibits PBMs from steering customers to owned pharmacies and requires negotiated discounts to benefit employers and consumers, aiming to shift the balance toward independent pharmacies after a lobbying battle.
  • Similar legislation is emerging nationally, including in Louisiana and New York, signaling a broader movement to regulate PBMs for improving pharmacy viability and lowering drug costs across states.
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The Daily Wire broke the news in Nashville, United States on Wednesday, June 4, 2025.
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