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PCS Health Systems

Executive Summary

PCS selected by Metropolitan Life Insurance to provide operational management support for its MediMET prescription drug program, which covers 3.5 mil. people. PCS is expected to implement its operation of the program during early 1993. MetLife will continue to manage the MediMET pharmacy network, which includes 45,000 pharmacies nationwide. PCS is currently negotiating a final contract with the Federal Employees Health Benefits Program, which covers 3.1 mil. individuals ("The Pink Sheet" July 20, T&G-2).
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