The nation’s largest pharmacy benefit manager, Express Scripts, is dramatically scaling back its coverage of compounded medications, saying most of the custom-mixed medicines are ineffective or overpriced.
Finding out you might have to pay for hundreds of dollars worth of prescriptions out of pocket is not a happy way to start the New Year, but that’s what some drug store customers have been facing.
Express Scripts, the nation’s No. 1 pharmacy benefits management company, got the go-ahead from the Federal Trade Commission to merge with No. 2-ranked Medco Health Solutions. Both companies are leaders in filling mail order prescription drugs.