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CVS reportedly wants to punish other pharmacies that still sell tobacco

CVS apparently has a plan to make up some of the $2 billion in annual profits that it’s losing from cutting off the sale of cigarettes and other tobacco products last month. According to The Wall Street Journal, the plan takes advantage of the fact that CVS also owns Caremark, one of the United State’s largest pharmacy benefits managers — which are intermediaries between insurance companies and pharmacies. CVS’ reported plan is to have Caremark begin raising certain customers’ copays by up to $15 when they fill a prescription at a pharmacy that sells tobacco products.

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Source: theverge.com

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