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Managed Healthcare Market Report

Pharmaceutical and PBM

MEDCO RENEWS UNITEDHEALTH, ITS LARGEST CLIENT
Medco Health Solutions (Franklin Lakes, NJ) will hold onto its largest client for at least another five years, renewing an agreement to provide administrative support services for the pharmacy benefit management operations of UnitedHealth Group (Minnetonka, MN) through 2008.

PRIME WINS HCSC PBM ACCOUNT, WITH 4 MILLION LIVES
Prime Therapeutics (St. Paul, MN), a pharmacy benefit management company owned by several Blue Cross Blue Shield plans, will nearly double its membership having won the account to provide PBM services to 4 million Health Care Service Corp. (Chicago) lives.

CVS DRAWS LINE ON MANDATED MAIL ORDER
CVS Corp. (Woonsocket, RI) announced that it will not participate in the networks of any additional pharmacy benefit management companies that mandate mail order for maintenance drugs.

CVS DRAWS LINE ON MANDATED MAIL ORDER
CVS Corp. (Woonsocket, RI) announced that it will not participate in the networks of any additional pharmacy benefit management companies that mandate mail order for maintenance drugs.


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