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Pharmacy Benefits Manager

All articles tagged with #pharmacy benefits manager

Employers test subsidized GLP-1 access through eMed and CVS Caremark
healthcare17 days ago

Employers test subsidized GLP-1 access through eMed and CVS Caremark

Telehealth company eMed is partnering with CVS Caremark to let employers offer GLP-1 obesity meds to workers via online prescriptions with comprehensive weight-management support; employers can subsidize the drugs to varying degrees, with prices touted as the market’s most cost-effective option. Aon piloted a similar program for its staff, and CVS sees the move as expanding access through its PBM network for up to 30 million Americans. The program combines online cash purchases with secondary coverage to help keep workplace health costs in check, backed by continuous clinical support and monitoring to improve adherence and outcomes.

finance2 years ago

"CVS Stock Plummets as Blue Shield of California Shakes Up Partnership"

CVS and other healthcare stocks experienced a significant drop in market value after Blue Shield of California announced a shake-up in its pharmacy benefits manager (PBM) services. However, analysts believe the market's reaction was exaggerated and nonsensical. Blue Shield plans to unbundle its PBM service and distribute portions to disruptors like Cost Plus Drugs and Amazon Pharmacy, aiming to save $500 million annually on medications. CVS will retain the specialty pharmacy segment, which is the most profitable. Analysts highlight the value of legacy PBMs and the limitations of newer models, emphasizing that the announcement does not spell doom for CVS and other major PBMs.