Optimize the impact of your pharmacy spend
Drive maximum value with our industry-leading programs to manage prescription benefits, lower drug costs, and improve health outcomes
Discover the value of CVS Caremark
We deliver an integrated suite of solutions and services to help plan sponsors address the biggest challenges in today’s health care landscape. Our whole health approach to care brings clinical expertise and innovation together, optimizing the impact of clients’ pharmacy spend.
5 facts to know about PBMs
Check out these resources to learn how our work supports affordability, quality, and access.
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5 facts to know about PBMs
#1 In the drug supply chain, PBMs drive down costs
PBM-negotiated discounts help lower the cost of prescription drug coverage.
These savings are felt directly by members:
$7.26 average member OOP cost for a 30-day supply in 2023
#2 PBMs support broad access to health care
Our network of more than 65K pharmacies supports broad access to high-quality care within local communities
#3 PBMs enhance competition in the marketplace
While drug manufacturers set prices, PBMs use competition among prescription drugs to lower costs and improve access.
#4 PBMs provide consumer choice
Plans and their members aren't one-size-fits-all
Our benefit design options meet different member and cost management needs.
#5 PBMs bring results and value to clients and members
With clinical expertise, innovative solutions, and powerful connections, we seamlessly manage pharmacy benefits.
We're removing as many drug pricing challenges as possible
to ensure affordability, quality, and access.
CVS Caremark
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Managing cost and quality
Optimize cost and affordability across traditional and specialty drugs