Louisiana Secures $45M Settlement With CVS, Caremark Over PBM Practices

Key Takeaways

• Louisiana filed 3 lawsuits against CVS Health and its pharmacy benefit manager (PBM) affiliate, CaremarkPCS, alleging deceptive practices, misuse of patient contact information, and anti-competitive conduct affecting independent pharmacies.

  
  

• The State claimed CVS’s vertically integrated business model allowed manipulation of pricing, reimbursement structures, and pharmacy network participation in violation of Louisiana law.

  
  

• CVS and Caremark agreed to a $45 million settlement resolving the litigation without admitting liability, with funds directed toward oversight and enforcement initiatives.

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