Business is booming for big drug negotiators
By Matt Sepic, St. Louis Public Radio
St. Louis – If your health insurance covers prescriptions, you are probably a customer of a pharmacy benefit management company, such as St. Louis-based Express Scripts. These are third-party administrators for prescription drug programs, and they make up one of the few industries growing during this recession.
These so-called PBMs are poised for even more growth, as baby boomers age and Congress prepares to insure more Americans.