What is the relationship between WellCare and Caremark?

What is the relationship between WellCare and Caremark?

Wellcare already has a relationship with CVS and its Caremark PBM, which has a contract with WellCare to manage pharmacy benefits of its health plan members through 2020. But WellCare executives have said they are interested in growing their own proprietary PBM and have the financing to do so. Sep 6, 2018

See also  What is the difference between private and government insurance?