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Alexandria Ocasio-Cortez: “CVS Caremark processes nearly 30% of all prescriptions in a…”

Featuring: Alexandria Ocasio-Cortez, Democratic | U.S. House, New York, District 14

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Rep. AOC Calls Out CVS Health's Corporate Strategy to Monopolize Patient Care

Published | Video Starts at 00:55

And CVS Health also owns CVS Caremark, the pharmacy benefit manager, which helps negotiate some of these rebates and prescription prices, correct? That's correct. And CVS Caremark processes nearly 30% of all prescriptions in a given year. And so, in other words, CVS Caremark helps determine the prices that patients pay for a third of all prescriptions in the U.S. in fact, I was following one of … (00:55–01:04)

CLAIM

Asserts that CVS Caremark processes nearly 30% of all U.S. prescriptions annually.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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