CVS Health retains pharmacy services with Service Benefit Plan, adds specialty pharmacy care
(Photo courtesy of CVS Health) CVS Caremark, the pharmacy benefit manager of CVS, is entering into a larger PBM contract with the Government-wide Service Benefit Plan, otherwise known as the Federal Employee Program. CVS Health has been the pharmacy benefit manager for the Service Benefit Plan, which has provided benefits to the federal workforce, since 1993. The new contract, which will be effective on January 1, 2022, allows CVS Health to regain the specialty pharmacy business it lost in 2018, and retain other services such as mail and retail. With specialty reintegrated into the pharmacy s...
Source: healthcarefinancenews.com