Medicaid Monitor
Policy Intelligence
Medicaid Monitor
Policy Intelligence
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Industry·May 28, 2026

CVS Returns Lilly Obesity Drug to Formularies After Removal

CVS Health has reversed course and returned Eli Lilly's obesity medication to its pharmacy benefit formularies after previously removing it. The decision affects coverage for weight loss treatments across CVS's prescription drug plans. The timing and specific reasons for the reversal were not detailed in the report. The formulary change impacts pharmacy benefit management decisions for health plans that rely on CVS Caremark's formulary recommendations, including some Medicaid managed care organizations that contract with CVS.

Why it matters for managed care

Formulary changes by major PBMs like CVS Caremark directly affect drug coverage decisions and pharmacy spend for Medicaid managed care plans, particularly as obesity treatment coverage expands under some state Medicaid programs.

Pharmacy · Managed Care

Read the full article at statnews.com

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