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Recent Articles

  • CVS Health Overhauls Drug Pricing Model to Increase Transparency

    Broke On: Tuesday, 05 December 2023 CVS Health is changing its drug pricing model to increase transparency and create more predictable pricing. The new model, CVS CostVantage, will base drug costs on the amount CVS pays for a drug, limiting the markup and service fee to customers. CVS Health plans to introduce the new reimbursement model next year for some third-party cash discount card administrators, with broader implementation planned for 2025. CVS Health also announced a 10% increase in its quarterly dividend and provided its forecast for next year.