October 26, 2022
  • Centene announced it has selected Express Scripts as its new pharmacy benefit manager (PBM), ending its current partnership with CVS Health’s Caremark. Express Scripts will manage pharmacy benefits for 20 million Centene members beginning in 2024 in a contract valued at more than $35 billion. Centene opened a bidding process for PBM services as part of its value creation plan. Centene CEO Sarah London said that the new multi-year contract will deliver greater savings than prior expectations. (Press release here; Articles here and here)