WHY IT MATTERS: The Medco acquisition created a PBM large enough to handle the prescriptions of more than one in three Americans.Pharmacy benefits managers run prescription drug plans for employers, insurers and other customers. They process mail-order prescriptions and handle bills for prescriptions filled at retail pharmacies. They use large purchasing power to negotiate lower drug prices and make money by reducing costs for health plan sponsors and members.
Earnings Preview: Express Scripts Reports On 4Q
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