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In January 2019, Walmart announced that it would no longer use CVS Caremark as its pharmacy benefit manager. [19] In January 2020, CVS Caremark announced RxZero, a program that would allow patients with diabetes to pay no copays. [20] In February 2020, Alan Lotvin was appointed president of CVS Caremark. [21]
Into the lawsuit, CVS pushed its pharmacists to fill prescriptions without investigating whether they were legitimate in order to boost profits. In 2022, CVS agreed to pay close to $5 billion over 10 years to settle thousand of similar claims by state, local and Native American tribal governments. It did not admit wrongdoing under the deal. [103]
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CVS Specialty is the specialty pharmacy division that provides specialty pharmacy services for individuals with chronic or genetic diseases who require complex and expensive drug therapies. CVS Health operate 24 retail specialty pharmacy stores and 11 specialty mail order pharmacies, making them the largest specialty pharmacy in the United States.
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Workers at seven CVS pharmacies in Southern California have gone on strike for better pay and health care and to protest what they say is bad-faith contract bargaining by the company. The walkout ...