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Medco Health Solutions, Inc. |
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100 Parsons Pond Drive Franklin Lakes, NJ 7417 USA phone:(201) 269-3400 fax:201-269-1109
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MHS |
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NYSE |
| Founded |
0 |
| Employees |
13200 |
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| www.medcohealth.com
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| Research Sector |
Healthcare Services |
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| Summary Description |
| Pharmacy benefit manager |
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| Management |
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| Keywords |
| rx choices, pharmacy, diagnosed , therapeutic, diabetes |
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| Description |
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Medco is a leading pharmacy benefit manager (PBM), with the nation's largest mail order pharmacy operations. Through advanced pharmacy, Medco improves the health and lowers the total cost of care for clients and their members. Medco is making pharmacy care better for people with chronic conditions and who need medications on an ongoing basis. It has specialist pharmacists trained in specific chronic conditions. Each specialist is trained in the medications used to treat those specific chronic conditions. They offer a wide spectrum of benefit design options for appropriately sharing costs between plans and enrollees, and providing proper incentives for encouraging preferential use of more cost-effective treatments (e.g. OTC and generics) and pharmacies (e.g. in-network retail, mail order and special care). Medco's benefit modeling and recommendations support the benefit design process, helping clients understand how benefit decisions may affect their membership and finances. |
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