CVS Caremark, one of the nation’s largest pharmacy benefit managers, recently announced a new partnership with the discount drug service GoodRx, aiming to lower out-of-pocket prescription costs for millions.
CVS Caremark provides prescription drug plans for over 100 million people. Before the deal, Caremark clients had to choose between using GoodRx discounts — which finds the lowest discounted drug prices at nearby pharmacies— and their insurance benefits when purchasing a prescription. Under this new plan, called Caremark Cost Saver, members will have access to both, with discounted costs now counting towards deductibles and out-of-pocket thresholds.
