The PEBA, the state agency responsible for the administration and management of the state’s retirement systems and employee insurance programs for the state’s public workforce, awarded the contract for pharmacy benefits management services to CVS Caremark. Beginning January 1, 2026, CVS Caremark will replace Express Scripts as the PBM for the State Health Plan. The initial contract term is two years with three one-year renewal options, for a maximum contract term of five years.
For more information, contact NACDS’ Leigh Knotts at 803-243-7207.