Walgreens Pulls Support From CVS Caremark PBM

DEERFIELD, Ill. — In a letter sent Monday, Walgreens here told its rival CVS Caremark, Woonsocket, R.I., that it would no longer participate as a provider in new and renewed prescription drug plans awarded after June 7 to CVS Caremark’s pharmacy benefit manager.

DEERFIELD, Ill. — In a letter sent Monday, Walgreens here told its rival CVS Caremark, Woonsocket, R.I., that it would no longer participate as a provider in new and renewed prescription drug plans awarded after June 7 to CVS Caremark’s pharmacy benefit manager.

Reasons cited for the withdrawal in participation were:

• Plan designs that require patients with chronic conditions to use CVS pharmacies or Caremark mail service for their prescriptions rather than Walgreens o

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