Hoo boy. Here we go .... We all need prescription medications from time to time.
ExpressScripts is in the process of buying Medco assuming it can pass the anti-trust hurdle.
The "big three" pharmacy benefit companies have been Medco, ExpressScripts and CVS Caremark. The combined company would be the industry's largest.
Medco just lost 2 key accounts w/a 3rd, United Health Group, not going to renew w/them in 2013. Medco had just lost an important account w/Calpers, the biggest US public pension fund.
So funneling the availability of the vast majority of script meds thru 2 major companies will benefit patients and lower drug costs how??? Setting up another company "too big to fail" for the government to bail out some time in the future??
Tags:
-
▶ Reply to This