Medco cuts generic prices for small firms

Medco is introducing a generic prescription drug insurance product for small and mid-sized companies that it says will cost employers 50% less than traditional plans. The Generics First program offers a 90-day supply of any one of 2,000 generic medications through Medco's mail-service pharmacies for a $10 copay, and brand and specialty drugs are available at discounted rates. The program is available through Medco's insurance partners via their licensed agents and brokers. Nationwide will be offering the product under the name Nationwide Select...