TALLAHASSEE, Fla. (WCTV\/Florida Capital Bureau) – The State of Florida will investigate one of the world\u2019s largest pharmacies.<\/p>\n
On Tuesday, Attorney General James Uthmeier issued a civil investigative demand against CVS Health Corporation to see if they are unfairly controlling the healthcare marketplace.<\/p>\n
This includes the Caremark pharmacy benefit manager (PBM) that supplies pharmacies around Florida.<\/p>\n
Uthmeier said the three largest PBM\u2019s, including Caremark, control about 80% of all U.S prescriptions.<\/p>\n
The state asked CVS to release documents to see if the company is reimbursing its own pharmacies more than local pharmacies for the same medicine.<\/p>\n
Uthmeier said that this is to ensure fair play for customers and competitors.<\/p>\n
\u201cHere in Florida, it seems like prices for drugs and healthcare always go up. Healthcare costs are always going up. A lot of patients, a lot seniors, a lot of retirees, that\u2019s tough on them,\u201d he said. \u201cHere in Florida, we\u2019re always going to lead, and we\u2019re always to fight back where you have big corporations choosing profit over public health and safety.\u201d<\/p>\n
A CVS rep says that the drugmakers set the price for their medication and that blaming their PBM is ill-placed.<\/p>\n
\u201cCVS Health works every day to put medicine within reach in Florida and across the United States. Drugmakers alone set the price of prescription drugs, and blaming a PBM for high drug prices is like blaming an umbrella for the rain,\u201c according to the spokesperson. \u201dWe welcome the opportunity to work with regulators and policymakers to set the record straight around these market dynamics, and more importantly, to improve consumer experience and affordability.\u201d<\/p>\n
CVS is required to comply with this subpoena by July 28. <\/p>\n
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