The contract, though sizable, is likely immaterial to CVS’ earnings. But it moves the company in a positive direction as it ...

The California Public Employees’ Retirement System (CalPERS) has a new pharmacy benefits contract with CVS Caremark, the ...

Rising prescription drug costs remain a top healthcare concern, with pharmacy benefit managers (PBMs) facing heightened scrutiny for their role in managing prescription drug benefits for insurers and ...

CVS Health has secured a major healthcare deal, winning a multi-year pharmacy benefits contract with CalPERS, outbidding rival UnitedHealth. The deal marks a significant win for CVS's Caremark unit ...

Now CalPERS will turn its attention to setting health insurance rates for 2017. The CalPERS board voted unanimously Wednesday to follow its staff’s recommendation to award a five-year contract to ...

With Medco under investigation by law enforcement, the CalPERS board in March directed its staff to start talking with the runner-up, Caremark, a unit of CVS Caremark of Woonsocket, R.I., which ...

More than half of large U.S. employers plan to scale back healthcare benefits next year as rising costs from weight-loss and ...

Although CVS Caremark recently faced allegations that it defrauded CalPERS under a previous contract, the pension system has signed a new $575 million annual contract with Caremark to provide ...

The California Public Employees’ Retirement System signed a $575 million-a-year contract with CVS Caremark Corp. to provide prescription drug benefits to 346,000 members. The contract, announced ...

CalPERS leaders approved a 90% premium increase for its long term care insurance plans Tuesday, seven years after the announcement of a similar increase spurred a lawsuit. The new rates will be ...

CVS Health’s Caremark business signed a new pharmacy benefits contract with the California Public Employees’ Retirement ...