Connecticut State Comptroller Kevin Lembo says a new contract agreement with CVS Caremark “establishes one of the most innovative and transparent pharmacy benefits contracts in the nation.”
Lembo’s office announced a deal had been reached on Wednesday, June 19. The arrangement, he says, is poised to cut the state’s drug costs by about 10 percent.
“This new contract is the first-of-its-kind in the nation between an employer and a major pharmacy benefit manager that gives the state a full line of sight into pharmaceutical costs,” Lembo said in a statement.
To learn more about the deal, click here.
