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Reminder: Opt Out of CVS Caremark Medicare Part D Retail Network 2025

April 29, 2024

This is a reminder that the deadline to opt out of the CVS Caremark 2025 Medicare Part D Retail Network is today: Monday, April 29, 2024.


Your pharmacy will be automatically enrolled unless you notify CVS Caremark that you opt out. You need to make a business decision as to whether you want to participate at the offered rates. As a reminder, based on our analysis, profitability was estimated at a $5.58 loss per prescription.

 

If you have already opted out, no further action is required on your part.


Note: Even if you opt out now and later decide to participate, you can request a standard Medicare Part D 2025 contract directly from CVS Caremark at any time.

Fax Instructions to Opt Out of the CVS Caremark Medicare Part D Retail Network 2025

  • Title your fax: Medicare Part D Retail Network 2025
  • You must include:
  • Pharmacy name
  • NCPDP #
  • A statement, such as, "My pharmacy chooses not to participate in the CVS Caremark Medicare Part D Retail Network 2025 at the standard rates offered."
  • Signature of pharmacy owner (or authorized signer)
  • Fax to CVS Caremark Network Enrollment: 401-406-3514

Thank you,

AlignRx

QUESTIONS? AlignRx Pharmacy Services: 844-ALIGNRX (844-254-4679), option 1

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