News Briefs
✦ CMS on March 11 rolled out a voluntary model that would set out-of-pocket costs for insulin at a maximum $35 copayment per 30-day supply throughout the benefit year for beneficiaries in participating enhanced Part D plans. The goal is to ensure that beneficiaries in participating plans “will have predictable copays for a broad set of formulary insulins, including rapid-acting, short-acting, intermediate-acting, and long-acting insulins, marketed by participating manufacturers from the beginning of the plan year and through the coverage gap phase,†according to a press release. Visit https://go.cms.gov/39Kn1zx.
✦ CVS Health Corp. subsidiary CVS Pharmacy, Inc., plans to acquire Schnuck Markets Inc.’s retail and specialty pharmacy businesses, the companies said on March 10. CVS Pharmacy will take over and rebrand 99 of the Midwest grocery chain’s pharmacies, as well as transfer prescription files from 11 Schnucks pharmacies to CVS locations. Meanwhile, the PBM CVS Caremark said it’s adding five new digital health tools to its Point Solutions Management platform, which helps clients simplify wellness-vendor contracting: Hello Heart, Hinge Health, Livongo, Torchlight and Whil. Those vendors tackle issues such as mental well-being, weight management, heart health, caregiving, joint pain and more. The first service included in Caremark’s Point Solutions Management platform was Sleepio, a personalized digital sleep program. Read more at https://bit.ly/2vZimLt and https://bit.ly/3aLLPr3.