Express Scripts Could Broaden Formulary Reach With Anthem-Cigna Merger

There are lots of moving parts to reconcile before the PBM situation is settled for the combined Anthem-Cigna entity, and a decision is not expected until after the expected closing of the acquisition in the second half of 2016.

Pharmacy benefit managerExpress Scripts Holding Co., now in the middle of a long-term contract with health insurer Anthem Inc., could substantially expand the number of prescriptions it manages as a result of Anthem's planned acquisition of fellow insurer Cigna Corp.

However, Anthem has said it will not be ready to make decisions regarding formulary management for the merged businesses until after the acquisition closes, which is expected in the second half of 2016

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