Express Scripts News

Express Scripts Not Looking But Open to Deal with an Insurer, Amazon

Express Scripts Holding Co.’s chief executive said he’s open to a deal with a health insurer or partnering with Amazon.com Inc. CEO Tim Wentworth’s pharmacy benefits company has been battered by departing clients and the vague specter of Amazon’s entry …

What CVS-Aetna Deal Could Mean for Pharmacy Benefit Managers

If Aetna Inc. is eventually swallowed by CVS Health Corp., an important part of the health-care business will be changed — perhaps for good. For years, pharmacy benefits were largely carved out from the rest of a medical coverage plan. …

ExpressScripts to Acquire Benefits Manager eviCore

Express Scripts said on Tuesday it would buy privately-held specialty healthcare benefits manager eviCore healthcare for $3.6 billion to bolster its medical benefits management business, with the deal adding to adjusted earnings in the first full year. Reuters reported in …

Missouri Finally Creating Prescription Drug-Monitoring Plan

Missouri became the final state to create a prescription drug-monitoring program on July 17 when Republican Gov. Eric Greitens signed an executive order aimed at combatting a scourge that killed more than 900 residents last year. The announcement surprised lawmakers, …

Commercial Health Plans’ Spending on Drugs Slowed in 2016: Express Scripts

Express Scripts Holding Co., the largest pharmacy benefit manager in the United States, said prescription drug spending for its members slowed to less than 4 percent in 2016, at a time when scrutiny of drug price hikes has intensified. Prescription …

Express Scripts Has Plans to Deal with High Drug Prices

Express Scripts Holding Co. plans to introduce several benefit programs aimed at fighting high drug costs, including speeding up how quickly it moves insurer and employer customers to cheaper medicines after sudden price hikes, its chief medical officer said. Express …

Drugs Prices Much Higher in U.S. Than in Other Countries: Research

U.S. prices for the world’s 20 top-selling medicines are, on average, three times higher than in Britain, according to an analysis carried out for Reuters. The finding underscores a transatlantic gulf between the price of treatments for a range of …

Affordable Care Act Attracting Younger, Healthier Insureds

Obamacare is attracting younger and healthier people to its coverage plans this year, according to research by Express Scripts Holding Co., a trend that could help balance and sustain the law’s insurance markets. According to the report, which looked at …

Prescription Benefit Managers Excluding More High-Priced Drugs

Steve Miller is waging war on high- priced medicine, guiding decisions to ban drugs from the health plans of millions of Americans and sending companies reeling in a $270 billion market. He and his colleagues at Express Scripts Holding Co. …

U.S. Spending on Specialty Medications Will Rise 67%: Report

Spending in the U.S. on specialty drugs used to treat serious diseases is projected to increase 67 percent by the end of 2015, according to a forecast by pharmacy benefit management firm Express Scripts. Specialty medicines are those used to …