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      Making health care more affordable for all

      How can you save while costs are climbing? With a wide range of innovative, affordable solutions that allow you to build the most effective care options for your budget.

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      An industry-leading approach

      We support member health and deliver lower overall costs by focusing on a smarter formulary, biosimilar adoption, effective condition-management tools and more. This commitment to improving outcomes and lowering drug prices means our strategy constantly evolves to meet your changing needs.

      Helping you manage pharmacy costs

      Better pricing,
      greater discounts

      We negotiate with drug manufacturers to lower Rx and specialty therapy costs. Customized plans are designed to adapt as new treatments become available, reducing costly changes.

      Learn about formulary optimization
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      Ensuring proper dosage and timing

      Our solutions provide cost-effective, clinically appropriate coverage without compromising care. So you can ensure your members get the right treatment while controlling spend.

      Explore utilization solutions
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      Staying ahead of the market

      Licensed pharmacists and analysts from our Clinical Pipeline Services team provide insights on drugs currently under development. This helps anticipate costs and informs strategy.

      Discover pipeline insights
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      Transforming pharmacy

      As the first PBM to implement biosimilars into our formulary, we’re providing members with clinically effective and affordable specialty Rx alternatives — and driving the market forward.

      Learn more about biosimilars
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      Helping members save on prescriptions

      Our Cost Saver tool compares out-of-pocket drug costs with available discount program prices and applies the lowest price right at checkout. So members can automatically save on their medications, right at the pharmacy counter.

      Explore Caremark Cost Saver

      Multiple solutions, major savings

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      $4.3B

      forecasted in client savings* with our 2025 managed formularies

      52%

      less client spend in 2024* due to formulary, quantity limit, and other utilization management strategies

      ~86%

      of members that chose preferred biosimilars* had a $0 out-of-pocket cost in 2024

      Managing the cost of GLP-1s

      GLP-1s can be a transformative part of weight management. As demand grows and the market evolves, we’re finding ways to help you support members while balancing costs.

      Learn how you can save
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      What’s new in the pharmacy benefits world?

      Find out what’s new and next so you can stay on top of what you need to keep members healthier and reach your goals.

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      Get in touch

      Let us know if you want to learn more about giving your members more access to the medications that keep them healthier.

      Contact us

      • *FOR $4.3B FORECASTED IN CLIENT SAVINGS SOURCE: CVS Health, 2024. Client savings are determined using cumulative value over a 5-year period (Upcoming year, current year, and three prior years).

      • *FOR 52% LESS CLIENT SPEND IN 2024 SOURCE: CVS Health Analytics, 2025. CVS Commercial Health Plan clients Jan 2024 – Dec 2024. Total $ savings by program is for all commercial clients with adoption. Savings taken from Non-specialty PA, SGM, QL and Rebates. Standard and Custom criteria both included for PA/SGM savings.

      • *FOR ~86% OF MEMBERS THAT CHOSE PREFERRED BIOSIMILARS SOURCE: CVS Health Analytics, April 1, 2024 – December 31, 2024. CVS Commercial clients.