CVS fights law that could force over 100 stores to close [Yahoo! Finance]
CVS Health Corporation (CVS)
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Source: Yahoo! Finance
The legislation targets a controversial part of the drug supply chain , and it has already prompted warnings of pharmacy closures, job losses, and a looming federal court battle. In April 2026, the Tennessee General Assembly passed the Freedom, Access, and Integrity in Registered Pharmacy (FAIR Rx) Act. The bill aims to limit the influence of pharmacy benefit managers (PBMs) by prohibiting companies from owning both a PBM and a pharmacy. If enacted, the law would directly affect CVS Health (CVS), the only company in Tennessee operating both, and could redefine how prescription drugs are priced and distributed across the state. What the FAIR Rx Act does The FAIR Rx Act targets the vertically integrated business model used by large health care corporations. PBMs act as intermediaries between insurers, employers, and pharmaceutical companies. They negotiate drug prices, determine which medications are covered, and influence where patients can fill prescriptions and how much th
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CVS
Earnings
- 2/10/26 - Beat
CVS
Sec Filings
- 4/3/26 - Form ARS
- 4/3/26 - Form DEF
- 4/3/26 - Form DEFA14A
- CVS's page on the SEC website