CVS Caremark has been awarded a 12-year contract to provide pharmacy benefits to the 9.7 million lives covered by Aetna.

Paulette J. Thabault, commissioner of the Vermont Department of Banking, Insurance, Securities and Health Care Administration (BISHCA), resigned and was replaced by a deputy commissioner.

A Wilkes-Barre, Pa., woman faces two counts each of insurance fraud and obtaining a controlled substance by misrepresentation after claiming to be her sister-in-law and billing the woman’s health carrier for more than $3,700.

Using settlement funds from two national pharmacy benefits management companies, Virginia is now able to aid its uninsured residents in accessing mental health treatment.

National health insurer Aetna, fresh from a disappointing second quarter earnings report, appears ready to sell its pharmacy benefit management business.

Bankers at Bank of America-Merrill Lynch and Credit Suisse have …  Read →

The Maryland Insurance Administration is warning insurance carriers that they can only contract with pharmacy benefit managers that have registered with the state, beginning July 1.

The registration requirement was passed …  Read →

A group representing thousands of workers in CVS Caremark plans is warning that the pharmacy benefit manager could be selling patient information and prescription drug histories of state employees and …  Read →