CVS Caremark Reimbursements Scrutinized

Leslie Rutledge

Arkansas Attorney General Leslie Rutledge has announced that she has demanded information from CVS Caremark, a Pharmacy Benefit Manager (PBM), after reviewing complaints of plummeting medication reimbursement rates paid to local pharmacies.

“The change in reimbursement rates by the Pharmacy Benefit Managers has hurt Arkansans in every community across the state,” said Attorney General Rutledge. “Local pharmacists are critical members of Arkansas’s communities. Due to these changes, pharmacists are facing tough decisions because the reimbursements do not cover the actual cost of the medications. When public health is threatened, all Arkansans suffer.”    MORE

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