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CalPERS Pharmacy Benefits Manager Update

Published Dec 22, 2025

As a reminder, starting Jan. 1, 2026, pharmacy benefits for certain Basic and Medicare HMO and PPO plans will switch from OptumRx to CVS Caremark.

Below is a guide on what health plans will be affected, and other frequently asked questions you may have about this upcoming change:

Pharmacy Benefits: CVS Caremark Replaces OptumRx.

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