WOONSOCKET – CVS Caremark Corp. reduced its lobbying expenditures by 13 percent in the third quarter, according to The Associated Press.
CVS cuts its costs to $2.2 million from $2.6 million in the third quarter of 2011. It spent $2.3 million in the 2011 second quarter.
It lobbied Congress, the Department of Health and Human Services, and the Centers for Medicare and Medicaid Services, the AP said, citing a form filed Oct. 20 with the U.S. House of Representatives clerk’s office.
CVS focused on issued related to:
- Prescription drug costs.
- Pharmacy benefits management laws that would require pricing and contract information disclosure.
- Corporate tax rates.
- Medicare Part D prescription drug benefit.
- Medicare and Medicaid plan design and cost savings.
- Disclosures of protected health information.
- Proposals that would change the delivery schedule for the U.S. Post Office.
- Health insurance regulations.
- Laws related to mail order prescriptions and generic drugs, drug safety and antitrust exemptions for pharmacies.