Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors

AHF: ‘Providence Journal' Rejects Ad Skewering CVS's PBM Abuse

08/01/2021 | 12:51pm EDT

AIDS organization’s ‘Corporate Vampires Suck’ advocacy ad had already run in nearly half-a-dozen print and online new outlets nationwide, but was rejected last week by CVS’s home state newspaper, the ‘Providence Journal’

AHF ad targets CVS, the sixth largest corporation in the world, for its anti-competitive behavior, notably, buying up health plans like Aetna, and then forcing patients—including HIV patients, who often rely on specialty services from their pharmacists—to obtain their lifesaving medications by mail order or drop shipment

After AIDS Healthcare Foundation (AHF) launched a new national advocacy and ad campaign to take on health and pharmacy giant CVS over its anti-competitive business model and practices, it learned late last week that the ‘Providence Journal’—CVS’s home state daily newspaper—was rejecting AHF’s ad. CVS, the sixth largest corporation in the world, is headquartered in nearby Woonsocket, RI. A version of the ad ran in today’s Boston Sunday Globe on page A3.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210801005034/en/

The advocacy campaign and ad, ‘CVS: Corporate Vampires Suck’ targets CVS over its fierce anti-competitive behavior, specifically regarding its refusal to allow patients in its CVS Caremark PBM any choice in their pharmacy services. (Graphic: Business Wire)

The advocacy campaign and ad, ‘CVS: Corporate Vampires Suck’ targets CVS over its fierce anti-competitive behavior, specifically regarding its refusal to allow patients in its CVS Caremark PBM any choice in their pharmacy services. (Graphic: Business Wire)

The advocacy campaign and ad, ‘CVS: Corporate Vampires Suck’ (https://ahf.org/stop-cvs), targets CVS over its fierce anti-competitive behavior, specifically regarding its refusal to allow patients any choice in their pharmacy services. CVS’s currently forces most of its health plan patients from providers like Aetna—which CVS purchased for $69 billion in cash and stock in 2018—to obtain their lifesaving medications by mail order or drop shipment.

AHF’s ‘CVS: Corporate Vampires Suck’ campaign kicked off last month, with a full-page, full-color ad that ran in daily and weekly newspapers across the country with most ads landing Sunday, July 11. The ad also ran in the weekly ‘Houston Defender’ (Thursday, July 8). The Sunday papers include the Ft. Lauderdale ‘Sun Sentinel,’ ‘Houston Chronicle,’ and the ‘Chicago Defender’ (online). The ads are being complemented by a radio campaign, social media and a legislative call-to-action urging viewers and readers to contact their legislators asking them to help fight back against CVS’s monopolistic and anti-competitive behavior.

AHF intended to run the ad this week in the ‘Providence Journal’ and had been communicating back and forth with the paper’s advertising department regarding suggested possible changes or edits to the ad. Some changes were incorporated by AHF: a change to the parody CVS logo and some softening of the ad copy. However, after making some initial changes suggested by the ‘Providence Journal,’ the paper’s ad reps then advised AHF the ad could not run. They also refused to inform AHF what else might need to be changed or altered to clear the ad for publication. The ‘Providence Journal’ is the oldest continuously published daily newspaper in the United States.

“While we are disappointed that the ‘Providence Journal’ will not run our ‘Corporate Vampires Suck’ advocacy ad, we are not entirely surprised. It’s the hometown paper of CVS, which also runs multipage ad circulars dozens of Sundays every year in the paper and in most major newspapers across the country,” said Michael Weinstein president of AHF. “But make no bones about it. CVS remains a major threat to public health. It has been buying up health plans for billions and forcing clients—including HIV/AIDS patients—to use CVS’s mail order services, harming patients and fragmenting their care in the process. Patients are suffering and small pharmacies are being squeezed, with many, being put out of business. That’s why we put some real fangs into this advocacy campaign—we need the public’s help to fight back against CVS’s ‘corporate vampires.’”

AHF’s ‘CVS: Corporate Vampires Suck’ campaign will run until September. For more information about this campaign to fight back against CVS and pharmacy benefit managers (PBMs) who are putting their profit ahead of patient health, please visit: https://ahf.org/stop-cvs

AIDS Healthcare Foundation (AHF), the largest global AIDS organization, currently provides medical care and/or services to over 1.5 million individuals in 45 countries worldwide in the US, Africa, Latin America/Caribbean, the Asia/Pacific Region and Eastern Europe. To learn more about AHF, please visit our website: www.aidshealth.org, find us on Facebook: www.facebook.com/aidshealth and follow us @aidshealthcare.


ę Business Wire 2021
Latest news "Companies"
05:03pNew Lawsuit by Corsiglia, McMahon & Allard Alleges USA Swimming's Quest for Profit Allowed Serial Sexual Predator Andy King to Abuse Young East Bay Swimmer
BU
05:02pMEDMEN ENTERPRISES : REPORTS 55% YEAR-OVER-YEAR QUARTERLY REVENUE GROWTH AND SECOND CONSECUTIVE QUARTER OF GROWTH IN BOTH REVENUE AND RETAIL ADJUSTED EBITDA (Form 8-K)
PU
05:02pPEBBLEBROOK HOTEL TRUST : Margaritaville Hollywood Beach Resort in Hollywood, FL (Form 8-K)
PU
05:02pERG's Kazchrome awarded ICDA's Responsible Chromium Label
PU
05:02p4D PHARMA : One presentation details baseline biomarkers associated with clinical benefit from MRx0518, indicating a potential tumor biomarker predictive of response (Form 6-K)
PU
05:02pSURO CAPITAL : Result of Stockholders' Election Regarding the Q3 Dividend (Form 8-K)
PU
05:02pNEWMARK : Completes Sale of Three Single-Tenant Retail Assets in Greater Los Angeles, Totaling Over $100 Million
PU
05:02pEnergy Shares Continue to Climb as Oil Prices Rise -- Energy Roundup
DJ
05:01pPUBLIC SERVICE CO OF NEW MEXICO : Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Financial Statements and Exhibits (form 8-K)
AQ
05:01pSURO CAPITAL CORP. : Other Events (form 8-K)
AQ
Latest news "Companies"