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VALUE HEALTH SEEKING "SIGNIFICANT RATE INCREASE" FROM CAPITATED FORD CONTRACT; DECISION NOT TO SELL PBM DUE TO DECREASED VERTICAL INTEGRATION INTEREST

Executive Summary

Value Health will ask Ford for "a significant rate increase" on its capitated contract to manage the pharmacy benefits for 275,000 of the automaker's hourly workers, retirees and dependents, Chairman & CEO Robert Patricelli told a Robertson, Stephens conference in New York City Dec. 1.
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