Your state legislator may cause your local drugstore to close. Almost a third of America’s pharmacies closed in recent years; new state laws may lead to more shutdowns by making many drugstores’ business models illegal.
The controversy involves Pharmacy Benefit Managers that are affiliated with many drugstores. Congress enacted PBM reforms earlier this year, but states are ignoring those and trying to “solve” one problem by creating a new and worse problem, namely by putting pharmacies out of business if they are affiliated with a PBM.
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