Tennessee SB2040 prohibits pharmacy benefits managers from owning or controlling pharmacies to prevent conflicts of interest.
Tennessee SB2040, known as the "Freedom, Access, and Integrity in Registered Pharmacy (FAIR Rx) Act," amends Tennessee Code to prohibit pharmacy benefits managers from owning or controlling pharmacies. The act aims to prevent conflicts of interest that can restrict patient choice, increase costs, and jeopardize continuity of care. Effective January 1, 2027, pharmacy benefits managers cannot own or control pharmacies, directly or indirectly, through any arrangement.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.