In a significant win for Illinois taxpayers, the state has managed to wrangle a hefty $45 million settlement from CVS Caremark, addressing allegations that the pharmacy benefit manager was less than transparent with its rebate transactions, a development that could change the prescription game. In a press release published by the Illinois government , Attorney General Kwame Raoul didn't mince words, accusing PBMs of evolving from administrative helpers into monolithic gatekeepers at odds with patient interests, saying, "This settlement is part of my office's ongoing work to hold PBMs accountable to the people of Illinois." According to the same government statement, the $45 million recovery stems from an investigation into the inner workings of Zinc Health Services, LLC, an affiliate of Caremark, where it was determined that CVS Caremark failed to properly disclose the nature of their relationships and the associated payments that, by right, should have lined the state's pockets rather than their own an outcome that signals a call for a systemic reshuffling. Governor JB Pritzker, banding together with the Attorney General's office, decried the role of PBMs in inflating healthcare costs and pledged further action against obfuscation and for accountability. As the Illinois Government announced, the deal settles claims connected to pharmacy benefits CVS Caremark managed for state employees and their kin, dating between April 2020 and June 2024, and is seen as a bold step on the part of the Department of Central Management Services (CMS) to ensure public funds are handled with a tight fist. CMS Director Raven A. DeVaughn underscored this sentiment, telling the government's news outlet , "We are committed to ensuring our benefits administration practice not only delivers for our employees, retirees, and their dependents but for every tax-paying Illinoisan."
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