Alarmed About CVS Caremark is a Change to Win initiative to educate health plan managers and trustees as well as consumers about the newly merged CVS Caremark, now the country's second largest pharmacy benefits manager (PBM) and the largest retail pharmacy chain. Change to Win represents workers in CVS Caremark plans that cover more than 10 million people. On behalf of these health plan members, our initiative seeks legislation reform of the PBM industry to protect plan members' health and privacy.

Visit the Alarmed About CVS Caremark Web site to learn more.

REPORTS AND PUBLICATIONS

In 2007, CVS, the country's largest chain of retail pharmacies, merged with Caremark, the country's second largest pharmacy benefits manager (PBM). The combined company - now known as CVS Caremark - has relationships with over 150 million Americans, and is the largest provider of prescriptions in the United States, filling or managing more than 1.2 billion prescriptions annually.

Alarmed About CVS Caremark has issued two reports on how the CVS/Caremark merger has impacted areas of vital interest to health plans and consumers such as patient privacy, patient health versus PBM profits, value to plans, conflicts of interest, and quality of service:

• CVS Caremark: An Alarming Merger, Two Years Later, released in 2009, provides the latest details on the impact of the merger.
• CVS Caremark: An Alarming Prescription, released in 2008, is Alarmed About CVS Caremark's original report on the merger, detailing the reasons why the combined company's enormous power should be a cause for alarm for pharmacy benefits managers and health care consumers everywhere.