Posted by Michael Wonder on 08 Dec 2023
CVS’s new drug payment plan won’t lower patients’ prices, experts warn
5 December 2023 - CVS Health is promising to simplify how its pharmacies get paid for drugs. But that doesn’t mean the drugs will get cheaper.
The country’s biggest pharmacy chain said it’s switching to a system where pharmacy benefit managers, employers, and other insurers pay for drugs based on the cost of the drug plus a set markup and dispensing fee.
