CVS to leave Horizon NJ Health by Apr. 30, affecting more than 800K N.J. patients

From NJ Spotlight News.

CVS Pharmacy will no longer be a part of Horizon NJ Health, N.J.’s largest health insurance provider, starting Apr. 30 because of a contract dispute. CVS will be out-of-network for more than 800,000 publicly insured children and adults in N.J. under the Medicaid and NJ Family Care programs. Affected patients should seek new in-network pharmacies at horizonnjhealth.com/findadoctor, according to Horizon NJ Health. The failed agreement comes after Horizon Blue Cross Blue Shield announced it will lay off 242 workers, or 5% of its workforce, by Apr. 26, according to the insurance company. That includes workers at both the Newark and Hopewell headquarters. The layoffs follow a recent $100 million settlement with N.J. over alleged over-billing.

From NJ Spotlight News.

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