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CVS Health challenges Tennessee’s new Fair Rx law

A photo of the red CVS Health logo on the wall of one of its pharmacies.
Photo: Kevin Carter/Getty Images

If successful, states may face limits on their ability to restrict PBM ownership structures; however, a loss could reshape the pharmacy landscape nationwide.

CVS Health has filed a federal lawsuit seeking to block Tennessee’s newly enacted Freedom, Access and Integrity in Registered Pharmacy Act (Fair Rx Act), arguing the law is unconstitutional and threatens billions of dollars in business revenue.

The complaint, filed May 22 in the US District Court for the

Governor

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