PCMA: Welcomes US Script as Newest Member
March 22, 2007
(Washington, DC)—US Script, Inc., a pharmacy benefit management (PBM) organization and leader in providing integrated PBM solutions for clients nationwide, is the newest member to join the Pharmaceutical Care Management Association (PCMA). PCMA is the national association representing America’s pharmacy benefit managers, which administer prescription drug plans for more than 200 million Americans with health coverage provided through small businesses, Fortune 500 employers, health insurers, labor unions, and Medicare.
“PCMA is pleased to add as our newest member a rapidly growing PBM that provides drug benefits to clients in both the public and private sector,” said PCMA President Mark Merritt.
“US Script looks forward to working with PCMA to communicate with the news media, policymakers, and others the importance of benefit design consultation and the mail-service pharmacy option,” said Robert Bagdasarian, US Script President and CEO.
US Script manages pharmacy benefits for health maintenance organizations, health insurers, third-party administrators, self-insured employers, State-funded Medicaid plans, and union-sponsored benefit plans. The company has an automated mail service pharmacy, Rx Direct, Inc., located in Texarkana, Texas. In addition, US Script administers a contracted national network of retail pharmacies, consisting of approximately 65,000 chain and independent retailers nationwide. In December 2005, US Script was purchased by Centene Corporation (NYSE: CNC) and included in the specialty company division, CenCorp Health Solutions.
PCMA is the national association representing America’s pharmacy benefit managers (PBMs), which lower the cost of prescription drugs for more than 200 million Americans with coverage provided through Fortune 500 employers, health insurers, labor unions, and Medicare Part D
Phil Blando, 202-207-3614
Charles Coté 202-207-3605