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Louisiana awards $390M pharmacy benefits contract to Liviniti

CVS keeps $748M Medicare Part D agreement for retirees

New contracts aim to give independent pharmacies more access

State expects more transparency in drug pricing and rebates

Louisiana has shifted one of its two large pharmacy benefits contracts for state employees away from CVS Health , but Gov. Jeff Landry and state lawmakers kept the most lucrative agreement with that pharmacy giant in place.

The state Office of Group Benefits will now use two pharmacy benefit managers for its health insurance plans that cover state government employees, public school teachers, local government workers, retirees and their families. Previously, it had only used the CVS Caremark, a subsidiary of CVS Health.

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