Caremark Hit With Would-Be Class Action Over Drug Pricing

Caremark Rx LLC, the pharmacy benefit manager owned by CVS Health, was accused in a proposed class action of inflating prescription drug costs in violation of federal benefits law.

The lawsuit, filed Oct. 22 by a woman who receives prescription drug benefits through a health plan administered by CVS/Caremark Inc., accuses various Caremark entities of forcing pharmacies to impose unauthorized cost-sharing amounts on prescription drugs in violation of patients’ health plan terms. In some cases, this caused patients to pay markups of more than 63 percent, the lawsuit alleges.

This lawsuit is the latest in a string of ...