Rising prescription drug costs remain a top healthcare concern, with pharmacy benefit managers (PBMs) facing heightened scrutiny for their role in managing prescription drug benefits for insurers and ...

The contract, though sizable, is likely immaterial to CVS’ earnings. But it moves the company in a positive direction as it ...

The California Public Employees’ Retirement System (CalPERS) has a new pharmacy benefits contract with CVS Caremark, the ...

CVS Health has secured a major healthcare deal, winning a multi-year pharmacy benefits contract with CalPERS, outbidding rival UnitedHealth. The deal marks a significant win for CVS's Caremark unit ...

He stressed that CalPERS has not yet signed a contract with any pharmacy benefits manager, and “as part of the negotiations on a potential contract, we will evaluate and take into account claims ...

Yet despite the warning signs, CalPERS negotiated and signed a three-year contract with CVS Caremark for pharmacy services worth $565 million a year. "It raised red flags in my mind," Boliou said.

One of the nation's biggest healthcare buyers, the California Public Employees' Retirement System, said its HMO premiums are rising by 7.2% next year as pharmacy costs climb.

Spending on prescription drugs by the California Public Employees’ Retirement System (CalPERS) continues to climb, putting pressure on administrators to deploy more cost-cutting measures at the ...

Brad Pacheco, CalPERS spokesperson, said the pension fund "has been following this (Caremark) lawsuit since day one." He added that CalPERS has yet to sign a contract with a pharmacy benefits manager, ...

CVS Health’s Caremark business signed a new pharmacy benefits contract with the California Public Employees’ Retirement System, known as Calpers.

CalPERS’ pharmacy staffers say they aggressively steer consumers toward lower-cost generic drugs. However, the opportunity to save money with generics seems to be “leveling off,” Mantong said. Generic ...