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Express Scripts/NACDS Drug Card Needs 250,000 Enrollees To Be Profitable

This article was originally published in The Pink Sheet Daily

Executive Summary

Express Scripts estimates it will offer 20%-25% discounts on retail scripts and deeper discounts for mail order. PBM's level of participation in the 2006 Medicare Rx benefit will depend on the success of the discount card.

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Medicare Card Enrollment Is Disappointing, Express Scripts Acknowledges

Pharmacy Care Alliance card program has enrolled 110,000 members so far, less than half of Express Scripts break-even goal. Slow uptake of discount cards is factor in downward revision in Express Scripts' earnings forecast, but PBM notes that cards have saved seniors money.

Medicare Card Enrollment Is Disappointing, Express Scripts Acknowledges

Pharmacy Care Alliance card program has enrolled 110,000 members so far, less than half of Express Scripts break-even goal. Slow uptake of discount cards is factor in downward revision in Express Scripts' earnings forecast, but PBM notes that cards have saved seniors money.

Express Scripts/NACDS Alliance Names President

The Pharmacy Care Alliance, formed by NACDS and Express Scripts, will be headed by Mary Ann Wagner

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