Resolution 250739

..Title Authorizing the joint committees on Public Safety and Public Health and Human Services to examine the causes and impacts of the uptick in pharmacy closures across Philadelphia. ..Body WHEREAS, The threat of pharmacy closures, both locally owned and chain stores, has grown since 2021 nationwide, especially in Philadelphia; and WHEREAS, Rite Aid, Philadelphia's most numerous pharmacy chain, filed for bankruptcy in 2023. Since then, the company has closed over 70 locations in and around the Philadelphia area; and WHEREAS, CVS and Walgreens have also announced nationwide cutbacks in recent years, signaling that pharmacy closures are not isolated incidents but part of a broader restructuring of the industry; and WHEREAS, With the large number of pharmacy closures in Philadelphia, community members are left vulnerable with little certainty about where they can fill prescriptions. Senior citizens who rely on services such as prescription delivery are especially at risk; and WHEREAS, Pharmacies serve as critical access points for healthcare services, including the dispensing of medications, administration of vaccines, and provision of medical advice, particularly in underserved communities; and WHEREAS, In many neighborhoods, local pharmacies are among the only accessible healthcare providers, particularly for residents who are uninsured or underinsured, and closures compound the shortage of primary care options; and WHEREAS, Pharmacists across Pennsylvania have pointed to financial pressures from pharmacy benefit managers (PBMs) as one factor driving closures, raising concerns about reimbursement practices that make it difficult for independent and community pharmacies to remain viable; and WHEREAS, Chain closures, driven by bankruptcy filings, corporate restructuring, and changing retail landscapes further threaten reliable access to pharmacies in every corner of the City; and WHEREAS, The combined impact of these closures extends beyond healthcare, creating potential public safety challenges by reducing trusted, neighborhood-based points of contact for residents seeking care, information, and preventive services; now, therefore, be it RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, Hereby authorizes the joint committees on Public Safety and Public Health and Human Services to hold hearings to examine the causes and impacts of the uptick in pharmacy closures across Philadelphia. ..End