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Medicare Discount Card Plans Will Be Profitable, AdvancePCS Says

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Executive Summary

AdvancePCS expects to profit from offering a Medicare-endorsed drug discount card, CEO David Halbert said

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Pharmacy benefit managers appear to be embracing the Medicare-endorsed drug discount card program but are remaining wary of offering stand-alone Medicare Rx plans

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Pharmacy benefit managers appear to be embracing the Medicare-endorsed drug discount card program but are remaining wary of offering stand-alone Medicare Rx plans

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Caremark/AdvancePCS' combined capacity will be a key component of its bid for the Federal Employees Health Benefit mail service contract, AdvancePCS CEO David Halbert said

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