Express Scripts Will Be Medicare PDP, But Only To Support Employer Clients
This article was originally published in The Pink Sheet Daily
Executive Summary
The PBM is joining Caremark and Medco in submitting "notices of intent" to apply for Medicare Part D business, but Express Scripts is pursuing a different strategy by limiting its focus to employers who decide they want to contract with a PDP. Wellpoint and Walgreens say they will use PBM divisions in supporting role, but not as Part D sponsors.
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Medicare Part D Market Is About More Than Just Price, Express Scripts Says
CEO Paz says employers are increasingly interested in alternative solutions to lower drug costs, such as mandatory generics and mandatory mail-order programs. While not the only consideration in choosing a drug plan, price will remain important to clients, the exec says.
Medicare Part D Market Is About More Than Just Price, Express Scripts Says
CEO Paz says employers are increasingly interested in alternative solutions to lower drug costs, such as mandatory generics and mandatory mail-order programs. While not the only consideration in choosing a drug plan, price will remain important to clients, the exec says.
Caremark To Join Medco In Applying To Be National Medicare Rx Sponsor
Assuming both PBMs are approved as national Part D sponsors, there will be no need for “fallback” plans in 2006. Caremark, like Medco, is stressing a desire to sell Part D through health plan and employer clients.