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NCPA Comments on FTC Action Against CVS Caremark, Vows to Continue PBM Transparency Efforts
Date:1/12/2012

ce, including one-sided contract terms with pharmacy small business owners, patient privacy concerns and a lack of transparency. Now more than ever, NCPA urges Congress and state legislatures to enact legislation, such as S. 1058/H.R. 1971, that provides transparency and promotes pharmacy competition and consumer protections to address these types of questionable practices.

"On behalf of its community pharmacist members and their patients, NCPA opposed the merger of CVS and Caremark from day one. The union of these companies further compounds the inherent, 'the fox is guarding the henhouse' problem with today's prescription drug benefit system. The major PBMs stand virtually alone in the health care sector as self-dealing entities allowed to both provide a health service and manage the reimbursement and other terms of that service for their competitors. Mergers such as CVS Caremark and the pending Express Scripts-Medco arrangement simply pour gasoline on that fire and increase prescription drug costs.

"We appreciate the patients and pharmacists who provided evidence about CVS Caremark's conduct and questionable practices by PBMs. Our efforts concerning CVS Caremark are all part of the ongoing, years-long initiative at NCPA to increase transparency in prescription drug benefit administration and to align the interests of payers, patients, and pharmacists. Those efforts will continue going forward."

The National Community Pharmacists Association (NCPA®) represents the interests of America's community pharmacists, including the owners of more than 23,000 independent community pharmacies. Together they represent a $93 billion health care marketplace, dispense nearly 40% of all retail prescriptions, and employ more than 315,
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SOURCE National Community Pharmacists Association
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