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CVS Caremark is a leading pharmacy benefit manager (PBM) headquartered in Woonsocket, Rhode Island, and a subsidiary of CVS Health. Founded in 1993, the company oversees prescription benefits for health plans, employers, and their members nationwide, ensuring access to affordable medications when and where they are needed. CVS Caremark operates as an integral part of the broader CVS Health family, working alongside CVS Pharmacy, MinuteClinic, and CVS HealthHUB to support members on their path to better health.
The company specializes in managing prescription plans by providing members with tools to check drug costs and coverage, identify personalized savings opportunities, and conveniently access medications either through mail-order delivery or in-network retail pharmacies. CVS Caremark's mail service pharmacy offers 90-day supplies with no delivery fee, and its digital platforms—including the CVS Caremark mobile app and Caremark.com—enable members to refill prescriptions, locate network pharmacies, and manage their accounts with ease.
As one of the largest pharmacy benefit managers in the United States, CVS Caremark serves a broad market of health plan sponsors and their beneficiaries, positioning itself as a comprehensive solution for prescription management. The company further supports its members through health resources such as direct pharmacist consultations via email, drug safety alerts, and up-to-date information on generic drug alternatives, reinforcing its commitment to affordability, accessibility, and member well-being.
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