The program coordinator of the conservative movement's only full-service shareholder activism and education program says CVS is partnering with an organization that supports healthcare rationing.
The organization in question is the Institute for Clinical and Economic Review (ICER), a nonprofit group with UK roots that is working to establish "cost-effectiveness formulas."
"What they're designed to do is to ration healthcare," says Scott Shepard of the Free Enterprise Project at the National Center for Public Policy Research. "The way you ration healthcare is either by making everyone wait a long time or by selecting groups that do and don't get certain kinds of healthcare, and this organization has included limiting healthcare to those who are most vulnerable and those in need as a cost-saving choice."
Shepard approached CVS executives about this at the company's virtual annual shareholders meeting. A representative from the National Center took the same approach last year, albeit during an on-site, in-person shareholders meeting.
"We wanted to give CVS the opportunity, as we gave them last year, to step back from that partnership and take the chance to reevaluate it and to consider whether they want to be involved in that kind of rationing," says Shepard. "Once again, they missed the opportunity and refused to review that relationship."
Shepard thinks many investors and customers have no idea about this relationship.
"I think most people more or less have a good relationship with their drug stores, and I can't imagine that most people have any notion that those drug stores are looking to not only assist in organizations that are going to make rationing possible, but are teaming with groups that are looking to target the most vulnerable of their clients," says Shepard.
OneNewsNow is seeking comment from CVS.