local
States seek to lower drug prices by targeting the companies that manage them for health plans
By John Hanna, Associated Press at KSAT 12 (ABC affiliate)
· June 27, 2026
· 5 min read
As consumers worry about medication costs, states are trying to lower drug prices by reining in big companies that oversee prescription coverage for health insurers. Some of those companies, called pharmacy benefit managers, also own pharmacies, and one of them, CVS, has spent millions of dollars...
Key takeaway A Tennessee law will bar pharmacy benefit managers from operating retail pharmacies as of July 1, 2028, though CVS Health Corp.
Why this matters in The San Antonio
In San Antonio , the efforts of states to regulate pharmacy benefit managers could have a significant impact on the affordability of prescription medications for local residents. With many city residents relying on health insurance to cover their medication costs, any changes to the way pharmacy benefit managers operate could affect the prices they pay. The fact that about 6 in 10 US adults are worried about affording their prescriptions suggests that this is a pressing concern for many in the community. As lawmakers in other states push for greater transparency and limits on compensation for pharmacy benefit managers, San Antonio residents may be watching to see if similar measures are introduced in Texas. The outcome of these efforts could have a direct impact on the wallets of local consumers, making it a key issue to follow in the coming months.
About this story
Original reporting by KSAT 12 (ABC affiliate) . The San Antonio surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 27, 2026 ·
Source: KSAT 12 (ABC affiliate) ·
Reading time: 5 min
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Frequently asked about this story
What is this story about? As consumers worry about medication costs, states are trying to lower drug prices by reining in big companies that oversee prescription coverage for health insurers. Some of those companies, called pharmacy benefit managers, also own pharmacies, and one of them, CVS, has spent millions of dollars...
When was this published? This article was first published on June 27, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by John Hanna, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The San Antonio, or browse our daily briefing and topic hubs .
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