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DON’T BELIEVE CVS. THIS IS AN ANTI-TRUST BILL. You may have received texts from CVS asking you to “protect pharmacy access.” HB1959/SB2040 simply breaks up Big Healthcare’s vertically integrated monopoly by separating PBMs from pharmacies. If it passes, CVS isn’t going anywhere

10,170 просмотров • 6 месяцев назад •via X (Twitter)

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BIG ‼️ CVS pharmacy could be closing all pharmacies in Tennessee Tennessee lawmakers are finally cracking down on Pharmacy Benefits Managers owning pharmacies and skyrocketing prices CVS would rather close all locations than stop robbing Americans “Tennessee is running CVS out of the state. Look at this letter from CVS. ‘A proposed law threatens to close all CVS pharmacies in the state of Tennessee.’ That's an aggressive sounding law. How are legislators justifying targeted business closures like CVS is suggesting here? Well, of course that's not the case. The law that CVS says will close all CVS pharmacies is SB 2040. The bill prohibits PBMs in the state from owning, operating or controlling pharmacies, and it aims to prohibit evasion of the law through corporate structuring, intermediary ownership management contracts, other stuff like that. So the bill is not closing pharmacies. It's stopping CVS Express Scripts and Optum the big PBMs from owning pharmacies. But to CVS, that means that they will close all their pharmacies. That means if CVS was forced to choose between their 132 brick and mortar pharmacies that they have on the corner of every major intersection, those corner store staples of Americana, they would rather shut all those down and board them up than give up their PBM. This is the same thing they said in as well, they would abandon the pharmacy business to retain the pharmacy middleman business. That should be a big waving red flag to anyone who's still uncertain about where the power lies and where the money goes. CVS isn't making their money when you go to the store. They're making their money. When your boss signs up with Aetna, then they have 10,000 levers they could pull to maximize their profit. Tennessee is taking a bold step that isn't even really that far down the road. It's only in committee, but that's enough to get CVS to start campaigning”

Wall Street Apes

77,325 просмотров • 6 месяцев назад

Is Tennessee Really Forcing CVS Out? 🏥 There’s a lot of buzz about Tennessee “forcing” CVS to shut its doors. CVS even sent out a letter to customers claiming a new proposed law would shut down all its pharmacy locations in the state. 📨 But what’s the real story? Let’s dive into what's happening and why things might not be as they seem. 🕵️‍♂️ The Law: SB 2040 📜 The law in question is SB 2040. While CVS claims it will shut down their stores, the bill’s actual goal is to regulate Pharmacy Benefit Managers (PBMs). 💊 What’s a PBM? 🏢 Think of a PBM as a middleman between insurance companies and pharmacies. They handle everything from negotiating drug prices to managing pharmacy networks. Why Is CVS Worried? 😟 The bill prohibits PBMs from owning, operating, or controlling pharmacies. 🛡️ CVS is one of the biggest PBMs in the country (through CVS Caremark). Under this law, they would have to choose: Keep their PBM business or their brick-and-mortar stores. 🏬 The Profit Puzzle 🧩 CVS makes a significant portion of its profit through its PBM and insurance (Aetna) arms. For them, it might be more profitable to shut down their physical stores than to give up their PBM business. 💰 This same threat was made in Arkansas, showing a pattern of prioritizing the middleman business over local pharmacies. 🚩 What’s Next? ⏳ SB 2040 is currently in the Senate Health and Welfare Committee. It’s still early days, but the pushback from major corporations like CVS shows just how much is at stake. 🏛️ Is this a bold step for pharmacy transparency, or a threat to patient access? Let us know what you think! 👇

Forest Park Pharmacy

15,927 просмотров • 6 месяцев назад

Tennessee just did what Congress can't. They passed a law to break up the health insurance giants. Specifically, they made it illegal for pharmacy benefit managers — the companies in charge of pharmacy insurance — and pharmacies to be owned by the same company. That makes perfect sense. For example: CVS Caremark is the PBM, and CVS is the pharmacy. So if you have Aetna insurance, you have CVS Caremark as your PBM, and they're going to do everything they can to make sure you use CVS as your pharmacy. Aetna, Caremark, CVS — all the same company. That causes all kinds of incredibly obvious problems that this law hopes to fix. If your insurance company is in charge of approving your medication, deciding how much to pay for it, AND deciding who gets that money — while also being the pharmacy that gets paid at the end — guess what happens to prices? They go up. Governor Lee signed the law last week. CVS immediately filed a federal lawsuit because they said it will force them to close all 136 stores they have in Tennessee. Let that sink in. I'm not sure most people realize what that says about CVS and health insurance in general. They had to choose between owning the middleman (the PBM) or the healthcare provider (the pharmacy). Without hesitation, they chose the middleman. The biggest pharmacy chain in the country — with a store on every corner — would drop all 136 of their Tennessee locations in a second if it means keeping their middleman business. It is more profitable for them to be a health insurance middleman getting between you and your healthcare than it is to actually provide the healthcare. That is the problem with healthcare in America. We have made the middleman so powerful that they've taken complete control of the entire system. Three PBMs — Caremark, Express Scripts, and OptumRx — handle around 80% of all prescriptions in this country. How on earth can we expect healthcare to work well and remain affordable if that's where the money is? We all auto-pay our insurance straight out of our paycheck before we even see the money. And not surprisingly, they're keeping a ton of it. That's why we fired them. And they can't file a lawsuit to stop us. That lets us offer fair, transparent prices. No PBMs. No insurance games. No hidden markups. You see the cost, you pay the cost.

Forest Park Pharmacy

33,253 просмотров • 3 месяцев назад

CVS just settled its latest fraud case, and for once the fine was big enough to actually hurt. It cost them $440 million, and as a bonus it bankrupted the guilty subsidiary and forced CVS to sell it off. The company was Omnicare, a pharmacy that supplies medications to nursing homes and other long-term care facilities. CVS bought it in 2015. That same year, a former Omnicare pharmacist filed a whistleblower lawsuit, and the Justice Department joined the case in 2019. The scheme was simple and it ran for years. Omnicare kept dispensing drugs on stale, expired prescriptions and billing the government for them over and over. From 2010 to 2018 that added up to more than 3.3 million false claims and about $135.6 million in overpayments from taxpayers. A federal jury reached its verdict in April 2025. The judge did not mince words, calling it deliberate, egregious, and a very big fraud on the government. Then came the math that made it sting. Under the False Claims Act, damages get tripled. So that $135.6 million ballooned to $406.8 million, and the government asked for another $542 million in penalties on top. The court entered a total judgment of about $948.8 million. CVS ultimately agreed to pay $440 million to resolve it, with the first chunk due almost immediately. Here is the part that makes this different from every other settlement. The penalty was not a rounding error the company could shrug off as the cost of doing business. It broke the unit that did the fraud. Omnicare filed for Chapter 11 bankruptcy in September 2025, and earlier this year CVS announced it is selling Omnicare to a company called GenieRx. So a business CVS bought in 2015 is now being sold off in the wreckage of its own fraud case. That is the lesson. It is actually possible to make a fine big enough to change behavior instead of just becoming a line item. Now we just have to scale that up. But honestly, why wait on fines at all? There is already a faster tool sitting right there. When an individual violates the False Claims Act, they can lose the privilege of participating in federal programs like Medicare. Imagine how quickly the fraud would vanish if that same exclusion got applied to the giant repeat offenders who keep doing this. Kick them off the program and watch how fast the behavior changes. While we wait for that day, here is my pitch. We built a pharmacy where it is literally impossible to pull this kind of thing, because you see the price before you pay it. No hidden claims, no secret markups, no middleman in a position to overbill anyone. Just the real number, up front. Imagine that.

Forest Park Pharmacy

23,159 просмотров • 2 месяцев назад