Nashville, TN (February 8, 2022) – Pharmacists across the country have long felt the damaging effects of Pharmacy Benefits Managers (PBMs) on their daily practice. In 2021, the Tennessee General Assembly passed Public Chapter 569, a comprehensive PBM reform bill. This legislation prohibited PBMs from discriminating against 340B pricing, patient steering (i.e., requiring patients to use a specified pharmacy), and under-reimbursement to pharmacies for their drug purchases. As countless pharmacists have seen, this legislation has been left unenforced by the Tennessee Department of Commerce and Insurance (TDCI).
