CVS Caremark: Why Transparency Matters in Pharmacy Benefits
CVS Health published a promotional piece highlighting a CVS Caremark-Employee Benefit News survey on PBM transparency, in which 87% of employers said improving cost transparency is one of the biggest opportunities for PBMs. Only 24% of surveyed employers believe medication costs are fully transparent, a gap CVS Caremark positions its tools — TrueCost, myPBM, and expanded reporting — as addressing. The release also promotes CVS CostVantage, a reimbursement model CVS describes as aligning pharmacy payment more closely with underlying drug costs.
Key figures
- Survey believe costs fully transparent
- 24%
- Survey employers seeing transparency opportunity
- 87%
AI analysis
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