An Analysis of Market Power in the PBM Market

Express Scripts and Medco, the two largest pharmacy benefit manager (PBMs), have proposed merging.  PBMs manage prescription drug plans for sponsors (corporations, governments and unions), acting as a middleman between the sponsors, drug manufacturers and pharmacies.  This ConsumerGram analyzes the nature of the market and the potential risks that may result from the merger.  To […]

ESI/Medco Merger Needs a Second Opinion

You may never have heard of them before, but Express Scripts, Inc. (ESI) and Medco are two of the most important companies in the United States.  These two corporations are pharmacy benefit managers (PBMs), businesses that act as middlemen between the pharmaceutical companies and pharmacies (as well as between drug companies and sponsors of prescription […]