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Pennsylvania Attorney General Corbett Announces Multi-State Settlement With Caremark
Date:2/14/2008

laims for drugs provided to patients enrolled in the health plan.

PBMs also negotiate with drug companies to obtain volume discounts; negotiate discounts with participating retail pharmacies to provide dispensing services at a discount and dispense drugs to patients through PBM-owned mail order pharmacies.

In the 30-years since the first PBMs appeared, their services have evolved to include complex rebate programs, pharmacy networks and drug utilization reviews.

The Attorneys General from Arizona, Arkansas, California, Connecticut, Delaware, District of Columbia, Florida, Illinois, Iowa, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nevada, New Mexico, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Vermont, Virginia and Washington participated in the settlement.

The agreement was negotiated by Chief Deputy Attorney General James A. Donahue, III of the Attorney General's Antitrust Section.


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SOURCE Pennsylvania Office of Attorney General
Copyright©2008 PR Newswire.
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