CVS Caremark

Pharmacy middleman regulations stall in state Senate

The General Assembly’s attempt to regulate pharmacy middlemen has stalled. Senate Bill 432 would have allowed the state to audit pharmacy benefit managers and exercise some control over their payments. The bill passed the House 94-9, but Tuesday, Oct. 29, the Senate voted not to concur, sinking the bill 49-0. It faced fierce opposition from...

Senate bill gives state power to audit pharmacy middlemen

A year ago, Debbie Townsend still hoped she could turn things around. Her patients don’t know it, but she bleeds money filling many of their prescriptions. In a few weeks, she’ll lose the independent pharmacy she has run for the past 15 years. “We’re going out of business. [The middlemen] are not reimbursing us for...

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