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CVS sign Whatever money CVS will lose by giving up the current system will likely have to be made up by charging clients more in flat fees. (Photo: AP)

On Wednesday CVS announced a major change to its pharmacy benefit management services that it says will promote transparency and lower prices for the employer-sponsored health plans that it serves.

The pharmacy giant’s PBM business will begin to offer clients a new pricing model where it will disclose any rebates that it receives from drug-makers and pass those savings on to the plan sponsor. Whether or not patients get a taste of the savings is up to their employers.

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