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Missouri lawmakers push bill to let patients choose pharmacies and limit PBMs' power amid rising closures.
Missouri lawmakers are advancing a bill that would let patients choose their pharmacy and limit the power of Pharmacy Benefit Managers (PBMs), which critics say drive small pharmacies out of business by setting low reimbursement rates.
Introduced by Rep. Bennie Cook, the legislation aims to combat rising pharmacy closures and "pharmacy deserts," especially affecting seniors and veterans.
PBMs, which also own major chains like CVS and Express Scripts, are accused of inflating drug prices—Federal Trade Commission data shows the top three PBMs contributed to over $7.3 billion in inflated costs.
The bill seeks to promote fair competition, but industry groups warn regulation could reduce access to care.
Similar efforts have failed federally, but state-level action is gaining traction.
Los legisladores de Missouri impulsan el proyecto de ley para permitir que los pacientes elijan las farmacias y limiten el poder de las PBM en medio de crecientes cierres.