CVS Caremark Integrates Systems with GoodRx
Beginning in January 2024, if GoodRx shows a lower CVS price than a member’s plan price, that lower price will automatically be given.
CVS Caremark has partnered with GoodRx to more seamlessly connect members with GoodRx's CVS pricing for generic drugs. Beginning in January 2024, if GoodRx shows a lower CVS price than a member’s plan price, that lower price will automatically be given. Plan members will use their benefit card at an in-network pharmacy, and the amount paid will be applied to members’ deductible and out-of-pocket thresholds.
Called Caremark Cost Saver, the new solution integrates CVS Caremark with GoodRx to provide access at the pharmacy counter to current CVS pricing. CVS Health on its website indicated that in the vast majority of cases, members will receive a lower price on non-specialty generic drugs. The company, however, would not provide an estimate of what consumers could hope to save through this collaboration.
“This collaboration can make a meaningful difference for the tens of millions of Americans that CVS Caremark serves,” Scott Wagner, interim chief executive officer at GoodRx, said in a press release.
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