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Nationwide Coalition Issues 'Call To Action' To Stop Express Scripts/Medco Merger
Date:10/26/2011

WASHINGTON, Oct. 26, 2011 /PRNewswire/ -- The Preserve Community Pharmacy Access NOW! (PCPAN) coalition today issued a call to action to protect hard-working Americans from increased costs and decreased access to quality health care by stopping the planned merger between Express Scripts Inc. and Medco Health Solutions Inc., two pharmacy benefit management (PBM) companies. The call to action, posted on the coalition's website, outlines the negative impact of approving the merger and calls on consumers to sign a petition that will be sent to the Federal Trade Commission (FTC) and Members of Congress opposing the merger. In addition, consumers are encouraged to send letters or make phone calls to their local representatives urging them to oppose it. Consumers can initiate these actions from the PCPAN website.

"Approving this merger – combining two of the nation's largest PBM companies into a big, consolidated PBM with excessive control over the health care of tens of millions of Americans – would put quality care even further from reach of a general population already struggling. Such an outcome cannot be taken lightly," said former Congresswoman Eva M. Clayton, chairwoman for the Preserve Community Pharmacy Access NOW! (PCPAN) coalition. "Americans cannot afford, now or ever, to have their health care costs and access to pharmacy services dictated by a mega-PBM that puts profits before people."

PBM companies, which serve as middlemen between corporations or insurance companies and patients already have a powerful and unfair advantage when it comes to setting prescription-medicine prices and reimbursement rates for community-based pharmacies. The merger between two of these middlemen, which could go into effect as soon as early 2012, would create a mega Pharmacy Benefit Management company with excessive control over t
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SOURCE Preserve Community Pharmacy Access NOW! (PCPAN)
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