Walmart To Pull Pharmacies From CVS Health Network

CVS Health (CVS) recently commented on Walmart’s decision to pull pharmacies from CVS’ network. Derica Rice, president of CVS Caremark, stated recently that Walmart has requested reimbursement rates that—if accepted by CVS—would result in higher out-of-pocket costs for consumers.

Citing its commitment to help consumers save money and survive rising pharmacy costs, CVS has decided to not agree to what it claims are Walmart's demands for increased reimbursement. According to the pharmacy and health care company’s data, less than 5% of CVS Caremark members use only Walmart to fill their prescriptions, and those . . .