Cigna-Express Scripts Deal Gets the Green Light

Cigna’s acquisition of Express Scripts was approved by federal officials
By Katie Oberkircher Posted on September 20, 2018

Cigna’s $67 billion acquisition of pharmacy benefits manager (PBM), Express Scripts, was approved by federal officials this week.

The Council Perspective: Express Scripts is one of the last standalone PBMs. This, and other pending mergers like CVS Health and Aetna, signals a desire to lower costs and prevent any disturbance from startups and new industry players, like the recent Amazon Berkshire Hathaway JP Morgan venture. At the same time, PBMs have been criticized for their role in negotiating drug prices, leaving many questioning if mergers like this will help or hinder efforts to align incentives throughout the drug supply chain to reduce costs for end payers. To succeed, the new Cigna-Express Scripts will mostly likely need to think about its PBM arm as a value-focused component of its insurance business.

Katie Oberkircher Director, Market Intelligence & Insights Read More

More in Health+Benefits

Evaluating the Data on Digital Health
Health+Benefits Evaluating the Data on Digital Health
Q&A with Adam Cohen, MD, Assistant Professor of Neurology, Johns Hopkins Medicin...
Identifying the (Benefits) Gaps
Health+Benefits Identifying the (Benefits) Gaps
Three steps employers can take to move toward an inclusive culture
Do Bipartisan Healthcare Cost Solutions Exist?
Health+Benefits Do Bipartisan Healthcare Cost Solutions Exist?
A D.C. insider’s perspective on the chances of major drug pricing and ACA refo...
David Axelrod
Health+Benefits David Axelrod
On the future of the ACA, prescription drugs, pollsters, and...
The Compounding Business
Health+Benefits The Compounding Business
Q&A with Tara Thompson, Pharmacist and Vice President of Cli...