🖤 Donations of all sizes power our public service journalism Give Now

Cigna’s purchase of Express Scripts: Drug price relief ahead?

Dan Gorenstein Mar 8, 2018
HTML EMBED:
COPY

Cigna’s purchase of Express Scripts: Drug price relief ahead?

Dan Gorenstein Mar 8, 2018
HTML EMBED:
COPY

Health insurance giant Cigna announced its intent Thursday to buy Express Scripts, a company that negotiates prescription drug deals on behalf of insurers and large employers. This merger comes on the heels of the CVS-Aetna deal late last year, which is also, in part, a marriage between an insurer and a pharmacy benefit manager – or PBM. What does this wave of consolidation mean for the prices consumers pay for their prescriptions?

 Click the audio player above to hear the full story. 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.