A Senate subcommittee heard testimony this week on the largest pharmacy benefit management (PBM) merger in history.
The Senate Judiciary Committee's Subcommittee on Antitrust, Competition Policy and Consumer Rights held a hearing to investigate the proposed merger between Express Scripts Inc. and Medco Health Solutions, two of the "big three" PBMs that, combined, could manage up to two-thirds of all prescriptions filled.
The Federal Trade Commission is investigating to determine whether the merger would violate antitrust law. The subcommitee hopes the hearing will shed light on who's really coming out ahead on the deal.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
