WellCare to transition pharmacy benefits management to CVS Health

Health insurer WellCare Health Plans will transition its pharmacy benefit management to CVS Health Corp. effective Jan. 1, according to Reuters.

Advertisement

The company’s nearly 3.8 million members enrolled in its Medicaid, Medicare and prescription drug plans will now have access to CVS’ pharmacy network, according to the report. 

WellCare made the announcement Thursday.

More articles on payer issues:
3 trends and issues for ACA open enrollment
NY to give pregnant women more health insurance flexibility
Health insurers now face steep fines for outdated physician directories

At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.

Advertisement

Next Up in Payer

Advertisement

Comments are closed.