The Department of Commerce and Insurance’s new audit of CVS Caremark details extensive violations of the state’s PBM laws, which spans discriminatory reimbursement, banned spread pricing and appeals noncompliance. CVS Caremark has 30 days to comply with the findings, after which the matter will be referred to legal services. The Tennessee Pharmacy Association issued this statement of the findings.
For more information, contact NACDS’ Leigh Knotts at 803-243-7207.