{"id":3505,"date":"2022-01-17T07:14:27","date_gmt":"2022-01-17T07:14:27","guid":{"rendered":"https:\/\/distilinfo.com\/healthplan\/?p=3505"},"modified":"2022-01-28T09:47:01","modified_gmt":"2022-01-28T09:47:01","slug":"cvs-caremark-bags-3-4b-pharmacy-benefit-deal","status":"publish","type":"post","link":"https:\/\/distilinfo.com\/healthplan\/cvs-caremark-bags-3-4b-pharmacy-benefit-deal\/","title":{"rendered":"CVS Caremark bags $3.4B pharmacy benefit deal"},"content":{"rendered":"\n

Pledging to ensure people have access to pocket-friendly medication, CVS Caremark, the prescription benefit management subsidiary of CVS Health in Woonsocket, has grabbed a $3.4 billion contract.<\/p>\n\n\n\n

  1. Strategic pact: After entering into a strategic pact with Microsoft digital health and personalized care, the provider has also got another feather in its cap by securing the three-year contract. The contract, which has been awarded by the State Health Plan Board of Trustees, will help taxpayers save $701 million.<\/li>
  2. Affordable care: With the help of the $3.4 billion contract, CVS Caremark will be able to help North Carolina’s majority public employees with pocket-friendly care.<\/li>
  3. Two extensions: CVS Caremark is looking after a contract that will end on December 31 this year. The fresh contract will start in New Year and expire in 2025, having a choice of double one-year extensions.<\/li>
  4. CVS Caremark vs BCBS: On May 21 last year, North Carolina sought proposals and CVS Caremark defeated Blue Cross Blue Shield with Prime Therapeutics, Express Scripts, and OptumRx to bag the contract.<\/li>
  5. Stock Surges: Based in Woonsocket, Rhode Island, stock in CVS increased to 65 cents, or 1.7 percent, to $38.80 a share.<\/li><\/ol>\n\n\n\n

    <\/p>\n","protected":false},"excerpt":{"rendered":"

    Pledging to ensure people have access to pocket-friendly medication, CVS Caremark, the prescription benefit management subsidiary of CVS Health in… Continue Reading <\/i><\/a><\/p>\n","protected":false},"author":8,"featured_media":3475,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-3505","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-distilinfo-originals","8":"entry"},"_links":{"self":[{"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/posts\/3505"}],"collection":[{"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/comments?post=3505"}],"version-history":[{"count":2,"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/posts\/3505\/revisions"}],"predecessor-version":[{"id":3519,"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/posts\/3505\/revisions\/3519"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/media\/3475"}],"wp:attachment":[{"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/media?parent=3505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/categories?post=3505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/tags?post=3505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}