Monday, March 30, 2015

Expensive Drugs Spur UnitedHealth, Other PBM Mergers



Investors.com http://ift.tt/1G2hnad Maybe bigger is better for pharmacy benefit managers (PBMs). UnitedHealth Group (UNH) thinks Catamaran (CTRX) is worth $12.8 billion to increase leverage when bargaining for pricey medicines. PBMs, whose clients include health insurers and employers and labor unions with health plans, handle the processing of medical prescriptions and negotiate prices with drug companies. Analysts say growing in size will benefit more customers,


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