GM Decision To Cut Walgreens May "Embolden" Other Employers, Medco Says

This article was originally published in The Pink Sheet Daily

15 Feb 2005
News

Michael McCaughan @RPMReportMike michael.mccaughan@previsionpolicy.com

Executive Summary

General Motors' decision to cut Walgreens pharmacies out of its employee health benefit network may "embolden" other employees to pursue similar cost-cutting efforts, Medco CEO David Snow suggested during a Feb. 15 investor conference call

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GM Decision To Cut Walgreens May "Embolden" Other Employers, Medco Says

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