CVS Sues Arkansas Over Law Banning PBM Ownership Of Pharmacies
1. CVS sues Arkansas over Act 624 threatening 23 store closures. 2. The law targets pharmacy benefit managers' ownership of pharmacies. 3. CVS warns the law will increase medication costs and reduce access. 4. Governor claims law addresses abusive practices by pharmacy benefit managers. 5. CVS argues the law violates constitutional rights and fair competition.