Caremark Update

Shareholders approved the CVS/Caremark merger, ending the battle with Express Scripts. What it means for consumers may not be much: Robert M. Hayes, a consumer advocate and former antitrust lawyer, called the merger a “natural business move given the concentration in the entire pharmaceutical, manufacturing distribution and purchasing business.” But he questioned whether any cost …

Caremark Employees Speak

“CaremarkCustomersSuck”  left a comment tonight pointing to Jobvent.com concerning the attitudes of current Caremark employees. Keep in mind that this site encourages negativity, but still…it’s obvious there are issues between Caremark and its employees in addition to the rest of us who are beholden to their contract administration. Technorati Tags: jobvent, employee relations

Caremark Dodges a Judiciary and Fiduciary Bullet For Now

TheHealthCareBlog reports on a recent Federal Appeals Court case which worked to their benefit and participants’ detriment. The text of the AISHealth.com article is included in the post. I want to put this in English for most people who aren’t fully steeped in the rules regarding benefits and fiduciaries. Basically, the appeals court ruled that …