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Sunday, November 15, 2026Nov 15

Letter to the editors: Cempa CEO says CVS threats of bill closing pharmacies are empty

AP Photo by Rebecca Blackwell / Pharmacy manager Aylen Amestoy, right, prepares to administer a seasonal flu vaccine at a CVS Pharmacy in Miami, Tuesday, Sept. 9, 2025.
AP Photo by Rebecca Blackwell / Pharmacy manager Aylen Amestoy, right, prepares to administer a seasonal flu vaccine at a CVS Pharmacy in Miami, Tuesday, Sept. 9, 2025.

Cempa CEO: CVS threats are empty

Legislators in Nashville are deciding in the coming days on critical legislation, the FairRx Act, that will shape how Tennesseans access prescription drugs.

Let me simplify it.

Imagine a football game where the referee also owns one of the teams. No one would call that fair.

In the pharmaceutical world, pharmacy benefit managers (PBMs) decide which drugs are covered, what pharmacies are paid and where patients are allowed to fill prescriptions. In many cases, they also own the pharmacy.