CVS Caremark to Administer Pharmacy Benefits

The New Jersey Turnpike Authority is recommending selection of CVS Health/CaremarkPCS Health L.L.C. to administer pharmacy benefits within its Self-Funded Group Health Benefits Program for three years, with options for two additional one-year extensions. The pharmacy services form part of a $2,478,450.00 multi-firm benefits award.

Scope & details

The full contract record, as filed.

Contract type

INSURANCE

Contract term

3-year term with two optional 1-year extensions

Renewal

Two optional one-year extensions beyond the initial three-year term, at the Authority’s discretion.

Document type

Agenda

Source document

New Jersey Turnpike Authority Agenda Board Meeting 2026-08-25

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by New Jersey Turnpike Authority?

Cvs Health/caremarkpcs Health Llc was awarded this insurance contract by New Jersey Turnpike Authority, as recorded on August 25, 2026.

What type of contract is this?

This is a Insurance contract, documented as a agenda record.

Where was this contract approved?

This contract appears in New Jersey Turnpike Authority Agenda Board Meeting 2026-08-25 (Agenda), dated August 25, 2026 from New Jersey Turnpike Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cvs Health/caremarkpcs Health Llc hold?

Cvs Health/caremarkpcs Health Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is New Jersey Turnpike Authority currently buying?

Explore New Jersey Turnpike Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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