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re: USA will have Socialized Medicine in 20 Years - It's Inevitable
Posted on 7/14/22 at 3:22 pm to 777Tiger
Posted on 7/14/22 at 3:22 pm to 777Tiger
Acquisitions have also torn the sector apart. Like, when I started in PBM in 2000, we were Advance PCS. A merger between Advance Paradigm and PCS Health. Then, Advance PCS merged w Caremark in 2004. Then... Caremark PCS merged with CVS in 2007 to create CVS Caremark. Many here use Caremark PCS as your prescription benefit manager. With every merge, customers fell into a black hole and had less choices re: formularies, pharmacy network and coinsurance/copay structure etc. At the time, Merck Medco was the biggest competition.
1
Posted on 7/14/22 at 3:31 pm to Sao
quote:
Acquisitions have also torn the sector apart. Like, when I started in PBM in 2000, we were Advance PCS. A merger between Advance Paradigm and PCS Health. Then, Advance PCS merged w Caremark in 2004. Then... Caremark PCS merged with CVS in 2007 to create CVS Caremark. Many here use Caremark PCS as your prescription benefit manager. With every merge, customers fell into a black hole and had less choices re: formularies, pharmacy network and coinsurance/copay structure etc. At the time, Merck Medco was the biggest competition.
buddy of mine just got back from a three year contract in the UK for Lockheed Martin, his wife had two kids while they were there, think he said he was out of pocket for about 200 pounds for both
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