4/19/2012 10:14 AM
The Consumer Federation of America, National Consumers League, National Legislative Association on Prescription Drug Prices and U.S. PIRG filed an amicus brief to urge the court to stop the merger of Express Scripts and Medco pharmacy benefit manager (PBM) companies.
The brief cites that the merger will harm consumers through increased costs and reduced choice and access to retail community pharmacies, as well as access challenges for vulnerable patients who rely on specialty pharmacy drugs.
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4/2/2012 3:31 PM
U.S. Rep. Mike Ross (D-AR) today issued a statement expressing disappointment that the Federal Trade Commission, in a split decision, voted not to challenge the merger of Express Scripts and Medco. Ross urged the advancement of legislation to address concerns related to pharmacy benefit manager (PBM) practices.
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4/2/2012 12:40 PM
NACDS, NCPA urge state attorneys general to act; Emphasize continued litigation against merger and need for legislation to address PBM issues
National Association of Chain Drug Stores (NACDS) President and CEO Steven C. Anderson, IOM, CAE and National Community Pharmacists Association (NCPA) CEO B. Douglas Hoey, RPh, MBA issued the following statement today regarding the announced conclusion of the Federal Trade Commission (FTC) investigation into the merger of pharmacy benefit managers (PBMs) Express Scripts, Inc. and Medco Health Solutions, Inc.:
“NACDS and NCPA have aggressively fought this merger from day one because of its potential harm to patients and to competition. We are disappointed that the FTC did not act to protect consumers in this instance. It is worth noting that the merger proved controversial within the FTC. We commend Commissioner Julie Brill for her dissenting statement. In the end, two of four commissioners saw the need for remedies, and one of those commissioners wanted to challenge the merger in court.
“NACDS and NCPA will continue to push through the Washington gridlock by advancing the litigation we have filed with nine community pharmacy companies, and we urge state attorneys general to take action to block the merger as well. In fact, NACDS, NCPA and the other plaintiffs will file a motion with the court today, requesting that the judge direct Express Scripts and Medco to keep separate their assets pending review of the lawsuit and/or schedule an expedited review of the merits of our case..."
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3/30/2012 3:10 PM
Preserve Community Pharmacy Access NOW! reports that more than 80 members of Congress now have either voiced concern about, or outright opposed, the proposed merger of pharmacy benefit managers Express Scripts and Medco.
Letters to the Federal Trade Commission (FTC) from five members of Congress pushed the total members of Congress weighing in on the matter to more than 80.
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3/29/2012 1:00 PM
Legal Action Part of “All-Levels, All Branches of Government” Efforts by Community Pharmacy to Prevent Proposed Mega Merger
In continuing efforts to protect patient care and community pharmacy access, the National Association of Chain Drug Stores (NACDS), the National Community Pharmacists Association (NCPA), and nine retail pharmacy companies today filed a lawsuit against the proposed mega merger of pharmacy benefit manager (PBM) companies Express Scripts Inc. and Medco Health Solutions Inc. The lawsuit was filed in the U.S. District Court for the Western District of Pennsylvania.
Joining NACDS and NCPA as plaintiffs in the lawsuit are nine community pharmacy companies that are headquartered in or have a presence in Pennsylvania. Active participation by community pharmacies – both chains and independents - that serve patients every day further illustrates the anti-consumer, anti-competitive impact of the proposed merger. The following companies are plaintiffs on the complaint: Brighton Pharmacy; Klingensmith Drug Inc.; Kopp Drug, Inc.; Lech’s Pharmacy Group; Means Lauf Super Drug; Hometown Pharmacies; Skippack Pharmacy; Thompson Pharmacy; and Value Drug Company/Value Specialty Pharmacy.
“A merger of Express Scripts and Medco would have dire consequences for patients and the retail community pharmacies that serve them. We continue to make a strong case to the Federal Trade Commission (FTC) and state attorneys general about the negative impact this proposed merger will have on patient access to community pharmacy and the healthcare delivery system,” said NACDS President and CEO Steven C. Anderson, IOM, CAE and NCPA CEO B. Douglas Hoey, RPh, MBA.
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3/21/2012 10:06 AM
In anticipation of hundreds of meetings between pharmacy advocates and Members of Congress and their staff as part of NACDS RxIMPACT Day on Capitol Hill, the National Association of Chain Drug Stores (NACDS) sent a letter to U.S. Representative Cathy McMorris Rodgers (R-WA) applauding the introduction of her legislation yesterday that would establish Medicare standards for pharmacy audits and reimbursement by pharmacy benefit managers (PBM), who often use opaque methods and unfair tactics that threaten access to community pharmacy-provided services.
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3/16/2012 8:55 AM
Resolution urging Governor to oppose PBM mega-merger reflects state and local concerns alike
Medco Health Solutions’ home-state legislators have delivered a bold and revealing blow to the pharmacy benefit manager’s proposed mega-merger with Express Scripts Inc., and NACDS was quick to praise the New Jersey lawmakers for their action.
In a resolution passed by the New Jersey Assembly on Thursday, the chamber urged Gov. Chris Christie (R) to oppose the controversial deal, citing the same anti-competitive and anti-consumer concerns that have fueled scrutiny or outright opposition by more than half of state attorneys general, more than 70 members of the U.S. Congress, national consumer groups and employers.
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3/13/2012 1:02 PM
NACDS members, pharmacy students and faculty, and state pharmacy association representatives will travel to Washington, D.C. on March 21 and 22 for the event known as NACDS RxIMPACT Day on Capitol Hill. NACDS says the message of approximately 250 Congressional meetings will focus on public policy issues that can either leverage the unsurpassed value of neighborhood pharmacies to advance patient care, or that could alternatively hinder the health of patients, employment and community economies alike.
“No issues are higher on NACDS’ list of priorities than urging members of Congress to express to the Federal Trade Commission (FTC) their concerns and opposition to the proposed Express Scripts and Medco merger, and advocating for legislation to regulate pharmacy benefit managers,” said NACDS President and CEO Steven C. Anderson, IOM, CAE.
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3/6/2012 9:08 AM
In Monday's hearing of the House of Representatives Subcommittee on Financial Services and General Government Appropriations, U.S. Reps. Rodney Alexander (R-LA) and Steve Womack (R-AR) voiced concerns about the proposed Express Scripts and Medco mega-merger, and questioned Federal Trade Commission (FTC) Chairman Jon Leibowitz and Commissioner J. Thomas Rosch on the controversial deal's impacts on pharmacy patient care.
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3/6/2012 8:57 AM
Supermarket News editor-in-chief David Orgel is the latest to write about the "controversial" comments of Express Scripts CEO George Paz, who dismissed the value of pharmacy by saying "...drugs are drugs, and it shouldn't matter that much who's counting to 30."
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2/27/2012 4:07 PM
David McCann, web news editor for CFO magazine, posted a blog entry on February 24 that bears a headline that summarizes broad-based concerns about the proposed Express Scripts and Medco merger: "Big PBM Deal: a Matter of Antitrust. Not to Mention Just Plain Trust."
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2/27/2012 9:30 AM
Last week's anti-pharmacy comments of Express Scripts CEO George Paz have touched off fury on Twitter and in the blog world, very similar to the reaction of similar comments by Medco CEO David Snow last October.
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2/23/2012 4:15 PM
NACDS says “pill counters” comment rivals Medco CEO’s “robots vs. pharmacists” comment in insensitivity toward patients and pharmacists alike
Following in the tradition of Medco CEO David Snow, who disregarded neighborhood pharmacists in remarks at a Cleveland Clinic conference last October, Express Scripts CEO George Paz today revealed his apparent less-than-high-esteem for the otherwise highly popular profession.
Associated Press business writer Tom Murphy quoted Paz as saying the following during a conference call with analysts: "At the end of the day ... Nexium is Nexium, Lipitor is Lipitor, drugs are drugs, and it shouldn't matter that much who's counting to 30."
“These CEOs told Congress in two recent hearings that they like pharmacists. Their comments about pharmacists in other settings may not rise to contempt of Congress, but they certainly meet the standard for contempt of patient care,” said National Association of Chain Drug Stores (NACDS) President and CEO Steven C. Anderson, IOM, CAE.
“This comment by Express Scripts CEO George Paz rivals the insensitivity toward patients and pharmacists demonstrated by Medco CEO David Snow in his now infamous ‘robots vs. pharmacists’ comment.”
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2/21/2012 2:30 PM
The St. Louis Post-Dispatch on Tuesday published an article titled "Express Scripts-Medco merger under fire," and Express Scripts just may feel that headline describes the coverage it has been receiving from its hometown media.
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2/15/2012 5:05 AM
"Influence Alley" - a blog of the Capitol Hill publication National Journal - wrote about the upcoming "fly-in" of the National Association of Chain Drug Stores, and the fact that pharmacy benefit manager issues will be on the list of topics to be addressed by pharmacy advocates in hundreds of meetings with legislators.
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2/14/2012 2:37 PM
Writing in the St. Louis Post-Dispatch, columnist Kevin Horrigan provided further evidence that the pen indeed is mightier than the sword. It would be hard to imagine a more artful though devastating account of the proposed Express Scripts and Medco merger.
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2/9/2012 9:44 AM
In an opinion column, Harry C. Alford, co-founder, president and CEO of the National Black Chamber of Commerce, wrote that if the Federal Trade Commission reviews the proposed Express Scripts and Medco merger with the scrutiny that it deserves, "it is difficult to see how they could possibly allow it to move forward."
Writing in Black Voice News, Alford called the proposed merger of pharmaceutical insurance middle-men "a corporate merger that could result in great strides backward for African Americans and others suffering from economic and health ills."
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2/7/2012 12:08 PM
The drumbeat for patient care and against the proposed Express Scripts and Medco merger continued today, as the senior advocacy group 60-Plus wrote to the Federal Trade Commission (FTC) saying the deal "will mean higher prescription prices, fewer choices in pharmacy care, and lower-quality health services than are currently available."
60-Plus said the merger of pharmaceutical insurance middlemen "is anti-competitive, anti-consumer and anti-senior, and should not be allowed to proceed."
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2/6/2012 4:05 PM
A Reuters newswire article distributed today continues to rock the proposed merger of Express Scripts and Meco. The article describes a new letter sent to the Federal Trade Commission (FTC) by the Food Marketing Institute, in which the supermarket trade association asks the commission "to bring an enforcement action to enjoin the merger." The article also describes mounting opposition to the proposed merger among consumer groups and others, highlights close scrutiny of the deal among state attorneys general, and references potentially growing skepticism about the mega-merger among some within the FTC itself.
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2/2/2012 10:45 AM
Sen. Herb Kohl (D-WI), who as chairman of a key Senate subcommittee presided over a hearing about the proposed Express Scripts and Medco merger last December, has "outlined his concerns" about the deal in a letter to the Federal Trade Commission.
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2/1/2012 10:01 AM
In a letter to the Federal Trade Commission, U.S. Rep. Kathleen Hochul (D-NY) has expressed concerns about the proposed merger of pharmaceutical insurance middlemen Express Scripts and Medco, warning that decreased competition could result in the merged PBM's "raising consumer prices across the country."
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2/1/2012 9:57 AM
"Another mega deal hangs in the balance amid regulatory scrutiny. Pharmacy benefit managers Express Scripts Inc. and Medco Health Solutions Inc. are awaiting word from the FTC on their $29 billion merger, which has faced criticism from consumer groups that the deal will increase drug costs."
- Gina Chon, "Global Regulators Proving Hard To Please On Mergers," The Wall Street Journal's "Deal Journal," February 1, 2012
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1/27/2012 9:32 AM
Perhaps it was deception, or perhaps it was denial, when Medco CEO David Snow dismissed the relationship between patients and community pharmacists as "fiction." In any case, his words at an October healthcare conference at Cleveland Clinic have bitten him back again, this time with a member of Congress from Wisconsin citing his rhetoric in a letter to the Federal Trade Commission.
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1/25/2012 9:27 AM
In an op-ed column in Pennsylvania's The Morning Call, pharmacy owner Robert Frankil writes in opposition to the proposed Express Scripts and Medco merger. The merger of pharmaceutical insurance middle-men is feared to create anti-competitive and anti-consumer consequences.
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1/20/2012 8:53 AM
The ranking Democratic member of the U.S. House of Representatives Commerce, Manufacturing, and Trade Subcommittee has urged that panel's chairman to call a hearing on the proposed Express Scripts and Medco mega-merger. Rep. G. K. Butterfield (D-NC) wrote to Subcommittee Chairman Mary Bono Mack (R-CA), "Given the enormity of the proposed merger and its potential to threaten fair and adequate access to health care and pharmacy services for all Americans, our Subcommittee should carefully examine its true impact on consumers. For example, we should explore the claims that this merger will be able to generate savings for consumers.”
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1/13/2012 9:29 AM
The editorial board of the TIMESLedger in Queens, New York, today urged the Federal Trade Commission to "draw the line between free enterprise and monopolies," and to "come down on the side of the consumer" by blocking the proposed Express Scripts and Medco merger.
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1/11/2012 4:35 PM
The American Consumer Institute Center for Citizen Research (ACI) has added its voice to the mounting concerns about the proposed Express Scripts and Medco merger. In a letter to the Federal Trade Commission (FTC), ACI wrote, "Approving this mega-PBM [pharmacy benefit manager] merger would only exacerbate the conflicts of interest and concentration of market power that already exist in the PBM industry, and would in no way benefit consumers. For these reasons, the Institute is strongly opposed to the Express Scripts-Medco merger, and we urge the commission to dedicate adequate resources to thoroughly review the merger."
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1/10/2012 2:30 PM
High profile national organizations have written again to the Federal Trade Commission to debunk arguments that - while dubious - have been utilized to allay fears about the potential ramifications of the proposed Express Scripts and Medco merger. The organizations that wrote the letter to help prevent the proposed merger from slithering through the antitrust review process include National Consumers League; Consumer Federation of America; American Antitrust Institute; Community Catalyst; U.S. PIRG; and the National Legislative Association on Prescription Drug Prices (NLARx).
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1/6/2012 3:45 PM
Regarding the proposed merger of Express Scripts and Medco, U.S. Rep. Ralph M. Hall (R-TX) today wrote to the Federal Trade Commission (FTC), saying "I urge the FTC to take a close look at this proposed merger, at which point I am confident that it will be denied."
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1/5/2012 11:23 AM
As reported in the Queens Campaigner, a rally led by New York State Assemblywoman Aravella Simotas (D-Astoria) raised awareness of the feared anti-competitive and anti-consumer consequences of the proposed Express Scripts and Medco merger.
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12/21/2011 3:55 PM
Sally Greenberg, executive director of the National Consumers League, did not come right out and call the proposed merger of Express Scripts and Medco a "hound dog." She did, however, come very close to saying a merged Express Scripts and Medco mega-PBM "ain't no friend of mine."
In a letter-to-the-editor published on The Hill's Congress Blog with the headline "PBMs NOT the friend of consumers," Greenberg took issue with a prior opinion piece by Jonathan Orszag. Greenberg said that Orszag "portrays pharmacy benefit managers as the best friend of consumers," but "seems to lose sight of the interests of the ultimate consumer here - the patient."
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12/20/2011 9:19 AM
Rep. G.K. Butterfield (D-NC) wrote to Federal Trade Commission Chairman Jon Leibowitz yesterday, expressing "great concern" over the proposed Express Scripts and Medco merger. In his letter, Rep. Butterfield conveyed skepticism over the pharamacy benefit managers' (PBM) claim that a merger would result in healthcare cost savings - strong skepticism that has been shared by consumer groups, members of Congress, and many others.
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12/15/2011 12:39 PM
The Pennsylvania newspaper Pottsville Republican has editorialized that the Federal Trade Commission should reject the proposed Express Scripts and Medco merger. The Editorial Board said that the merger "would create less competition not just for price, but for service and convenience, all at the expense of consumers who are not one-size-fits-all."
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12/14/2011 3:00 PM
Says PBMs’ flawed claims are “illustrative” of current practices and of future actions if anti-competitive and anti-consumer merger is allowed
The National Association of Chain Drug Stores submitted comments to U.S. Senator Herb Kohl (D-WI), clarifying misleading statements made by Express Scripts Chief Executive Officer George Paz and Medco Chief Executive Officer David Snow at a recent congressional hearing.
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12/11/2011 12:05 PM
Consumer groups, anti-trust watchdogs, public officials and pharmacy groups have expressed serious skepticism that an Express Scripts and Medco merger would result in cost savings for consumers, employers and the health plan clients of the drug benefit middlemen. Now, add Washington Post columnist Steven Pearlstein to the list of those voicing caution about believing the claims of Express Scripts and Medco.
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12/7/2011 5:05 PM
The Minnesota Pharmacists Association (MPhA) has formally announced its opposition to the proposed Express Scripts and Medco merger.
“This merger is bad news for patients who have built trusting relationships with their neighborhood pharmacies,” said Julie K. Johnson, Pharm.D., MPhA executive vice president.
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12/6/2011 7:10 PM
"One of the main arguments, Mr. Paz, for the merger, is that, combined, you'll be able to develop more innovation and new clinical tools and strategies for cutting costs. And yet, we all know that innovation is the fruit of competition and that the more competitors, the more innovation and the better the consumer is served. You seem to be making an argument to the contrary. Have you come up with a new concept for how capitalism works?"
- Sen. Herb Kohl (D-WI), chairman of the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights, at a hearing today on the proposed merger of Express Scripts and Medco. Chairman Kohl asked the question of George Paz, chairman and CEO, Express Scripts, Inc.
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12/6/2011 7:00 PM
"It is notable that no large employer who privately expressed concerns to us wished to testify at today's hearing, often telling us that they feared retaliation from the large PBMs with whom they must do business," stated Chairman Herb Kohl (D-WI) at a hearing of the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights today.
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12/6/2011 2:30 PM
Emphasizes lack of evidence that PBMs pass on savings to consumers, employers and health plans; notes abundance of skepticism among consumer groups and public officials
Mike Bettiga, chief operating officer of NACDS-member Shopko Stores Operating Company, LLC, testified before the U.S. Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights on the proposed mega-merger of Express Scripts and Medco and its feared negative effects on health outcomes and patient and prescription drug costs. The subcommittee held a hearing on the controversial proposed acquisition in the pharmacy benefit manager (PBM) industry, titled “The Express Scripts/Medco Merger: Cost Savings for Consumers or More Profits for the Middlemen?”
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12/6/2011 10:42 AM
Consumers Union and NACDS are among those quoted in a New York Times article published on the day of a Senate Judiciary subcommittee hearing on the proposed Express Scripts and Medco merger. "Our concern is that a mega PBM would have tremendous power and control over what prescription drugs Americans can get, where they get them, and how much the drugs cost," said Don Bell, senior vice president and general counsel for NACDS.
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12/2/2011 10:00 PM
In a letter to the Federal Trade Commission (FTC), three more Senators have communicated concerns about the proposed Express Scripts and Medco merger and have urged a "thorough and complete investigation, including examining any potential impact on consumers, patients, third party and federal payers."
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12/2/2011 1:24 PM
"On a scale thousands of times larger, the lemonade stand example illustrates the sort of anti-competitive, monopolistic behavior that could result from a proposed $29 billion merger between two pharmacy benefit managers (PBMs), Express Scripts and Medco," writes LegitScript President John Horton in a column published today on Huffingtonpost.com.
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12/2/2011 11:35 AM
"Beyond outrageous" was among the hard-hitting descriptions used by New Jersey Assemblywoman Linda Stender (D) in issuing a statement and announcing plans for a hearing regarding the proposed Express Scripts and Medco merger.
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11/30/2011 5:00 PM
In a simple and powerful statement, the American Antitrust Institute (AAI) wrote in a letter to the Federal Trade Commission: "Express Scripts' acquisition of Medco poss a threat to substantially lessen competition in the provision of pharmacy benefit manager services throughout the United States."
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11/28/2011 6:00 PM
Citing concerns about the potentially devastating impact on community pharmacies and patient care, the Pennsylvania Pharmacy Councl (PPC) announced opposition to the proposed Express Scripts and Medco merger.
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11/15/2011 3:57 PM
U.S. Sens. Mark Pryor (D-AR) and John Boozman (R-AR) today questioned Federal Trade Commission (FTC) nominees about scrutiny of the proposed Express Scripts and Medco merger. The Senators asked their questions as part of a Senate Commerce, Science & Transportation Committee hearing on the re-nomination of FTC Chairman Jon Leibowitz and the nomination of Maureen Ohlhausen to become a Commissioner.
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11/15/2011 1:41 PM
Medco CEO David Snow's " Robots vs. Pharmacists" remarks sent the pharmacy blogging community into orbit in October, where it has understandably remained since that time.
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11/3/2011 7:51 AM
David Balto, who previously served as policy director at the Federal Trade Commission (FTC) and who now represents opponents of the proposed Express Scripts and Medco merger, made a compelling case in a leading Capitol Hill newspaper against the emergence of a mega-pharmacy-benefit-manager (PBM).
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11/2/2011 2:49 PM
The Senate Judiciary Committee's Subcommittee on Antitrust, Competition Policy and Consumer Rights has announced a hearing on the proposed Express Scripts and Medco merger. The hearing - titled "The Express Scripts/Medco Merger: Cost Savings for Consumers or More Profits for the Middlemen?" - will be held December 6, 2011, at 2:30 p.m.
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11/2/2011 11:34 AM
The Wall Street Journal reported first that the advocacy group Small Business Majority has written to the Federal Trade Commission to oppose the proposed Express Scripts and Medco merger.
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10/21/2011 1:16 PM
Nine Republicans and 5 Democratic members of the U.S. House of Representatives have joined forces to urge the Federal Trade Commission (FTC) to "conduct a full and thorough investigation" of the proposed Express Scripts and Medco merger, "including examining the impact that the merger will have on consumers, patients, third party and federal payers." In a letter to the FTC, the members of Congress cited a Department of Health and Human Services Office of the Inspector General Report that said of pharmacy benefit manager practices, "pharmacy discounts were not always passed on to the beneficiaries and the Government."
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10/19/2011 11:04 AM
With news breaking that a Senate subcommittee is planning a hearing to further scrutinize the proposed Express Scripts and Medco merger, NACDS told Modern Healthcare: “We are very receptive and appreciative of the news that another hearing will be forthcoming, because we believe that the continued scrutiny of this mega-merger is appropriate and certainly in the best of consumers.”
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10/19/2011 10:37 AM
Pharmacy Times is the most recent publication to report on the revealing remarks by Medco CEO David Snow at a Cleveland Clinic healthcare conference earlier this month. NACDS says the remarks provide insights into the thinking of Express Scripts and Medco that relate directly to fears surrounding the proposed mega-merger of the two companies.
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10/18/2011 12:11 PM
Bloomberg reports that U.S. Sen. Herb Kohl (D-WI), chairman of the Senate Judiciary Committee's Subcommittee on Antitrust, Competition Policy and Consumer Rights, is planning a hearing on the proposed Express Scripts and Medco mega-merger.
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10/12/2011 11:23 AM
A trade publication reporter contacted NACDS to request a comment about recent remarks by Medco Chairman and CEO David Snow regarding community pharmacy. NACDS responded by saying that the remarks “are a window into the true thinking of the companies [Medco and Express Scripts] that are seeking to merge.”
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10/12/2011 11:01 AM
Representatives of the Louisiana Lupus Foundation and the Louisiana Academy of Medical Psychologists are quoted in an opinion piece posted on Louisiana’s BayouBuzz.com, describing the flaws of reducing or eliminating the ability of patients to choose to obtain their prescriptions from community pharmacies – a feared potential consequence of the proposed Express Scripts and Medco merger.
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10/5/2011 6:00 PM
"Over two dozen states are scrutinizing Express Scripts' proposed acquisition of Medco Health Solutions," writes Reuters' Diane Bartz. "The states do not have a direct say in the review by the Federal Trade Commission, whose role is to make sure the deal complies with antitrust law. But they will likely add pressure on the FTC to give tough scrutiny to the merger, and could hand the agency evidence that would potentially serve as ammunition to challenge it. The states could also challenge the deal on their own."
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10/4/2011 10:55 AM
In an op-ed column published in today's edition of The Hill, former U.S. Rep. Eva M. Clayton (D-NC) said of the proposed Express Scripts and Medco mega-merger: "Not all mergers are bad - and there are certainly cases where merging two industry leaders would be a good thing. However, in this particular case with these two specific companies, the consequences greatly outweigh any potential good."
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10/4/2011 8:01 AM
New ad asks, “What will stop Express Scripts and Medco from putting profits ahead of patients?”
NACDS today unveiled the print advertising component of its campaign to emphasize the anti-competitive and anti-consumer effects of the proposed merger of Express Scripts and Medco. The new print ad was published in today’s Washington Post. The new print ad was published in today’s Washington Post. The print ad can be seen by clicking here. NACDS’ previously announced radio ad can be heard be clicking here.
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10/3/2011 2:45 PM
In a letter to the Federal Trade Commission today, U.S. Rep. Joe Courtney (D-CT) expressed opposition to the proposed Express Scripts and Medco merger. "There is little evidence that increased market concentration of Express Scripts will significantly lower costs for consumers or the American taxpayer," Rep. Courtney wrote.
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9/20/2011 2:34 PM
Pharmacist, 40-year community pharmacy veteran: Express Scripts-Medco merger would be a “tipping point in PBM market consolidation”
Dennis Wiesner, senior director of privacy, pharmacy and government affairs for National Association of Chain Drug Stores (NACDS) member H-E-B (San Antonio, Texas), testified before a House panel today about the negative effects – ultimately on consumers – if the proposed merger between pharmacy benefit managers (PBM) Express Scripts and Medco were approved. The Judiciary Subcommittee on Intellectual Property, Competition and the Internet held a hearing today titled “The Proposed Merger between Express Scripts and Medco.”
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9/20/2011 9:00 AM
Today, the following organizations sent a letter to the Federal Trade Commission to oppose the Express Scripts and Medco merger: National Consumers League, Consumer Federation of America, Consumers Union - Nonprofit Publisher of Consumer Reports, U.S. PIRG and National Legislative Association on Prescription Drug Prices.
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9/19/2011 8:00 AM
On creation of huge new industry middleman: “Too big. Too much power. That’s not healthy.”
Amid a hearing in Congress this week on the controversial Express Scripts-Medco proposed merger, and with rising consumer- and Congressional voices of opposition to the merger, the National Association of Chain Drug Stores (NACDS) today launched advertising to warn further of the mega-deal’s feared anti-competitive and anti-consumer consequences.
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9/14/2011 9:00 AM
Emphasizes unsurpassed value of community pharmacy in improving patient health, lowering healthcare costs across the board
The National Association of Chain Drug Stores (NACDS) today sent letters to U.S. Senator Mark Pryor (D-AR) and U.S. Representative Cathy McMorris Rodgers (R-WA) applauding their sponsorship of companion legislation that seeks to preserve pharmacy choice for patients and takes additional steps to prevent threats to pharmacy patient care.
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9/9/2011 4:00 PM
A Reuters article describes a letter to the Federal Trade Commission from U.S. Reps. Henry Waxman (D-CA), Frank Pallone (D-NJ) and Diana DeGette (D-CO).
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9/9/2011 12:19 PM
Urges opposition to merger in comments to Ways and Means Subcommittee on Health
Questions whether huge PBM would live up to claims of passing along any cost-savings
Calling on Congress to scrutinize the controversial proposed merger of two large pharmacy benefit management (PBM) companies, today the National Association of Chain Drug Stores (NACDS) submitted comments to the U.S. House of Representatives Ways and Means Subcommittee on Health emphasizing its opposition to the proposed Express Scripts and Medco. The House panel held a hearing today titled “Health Care Industry Consolidation.”
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9/2/2011 6:30 PM
Emphasize Merger’s Anticompetitive Consequences & Potential Harm to Consumers
The National Association of Chain Drug Stores (NACDS) and National Community Pharmacists Association (NCPA) – who represent a near totality of the nation’s pharmacy community – today commended the U.S. Federal Trade Commission (FTC) for issuing a "second request" - further investigation of the proposed merger of Express Scripts, Inc. and Medco Health Solutions, Inc.
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9/1/2011 2:00 PM
Saying that the proposed Express Scripts and Medco merger "would reduce competition resulting in a decrease of pharmacy patient care and an increase in healthcare costs to both consumers and to FMI [Food Marketing Institute] members as employers," FMI urged careful evaluation of the potential merger's effects.
Click here to read the FMI news release.
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8/17/2011 5:00 PM
An Associated Press article reports on a letter to the Federal Trade Commission by U.S. Rep. Don Young (R-AK).
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8/17/2011 10:00 AM
The Editorial Board of the St. Louis Post-Dispatch writes of the proposed Express Scripts and Medco merger: "the antitrust issues are real."
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8/12/2011 2:00 PM
Drug Store News reports on the Chain Drug Consortium's opposition to the Express Scripts and Medco merger.
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8/5/2011 4:00 PM
In a letter to House of Representatives Judiciary Committee Chairman Lamar Smith (R-TX), U.S. Rep. John Conyers (D-MI) urged a Congressional hearing to review the proposed merger of Express Scripts and Medco.
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8/4/2011 2:00 PM
Emphasize Merger’s Anticompetitive Consequences & Potential Harm to Consumers
The National Association of Chain Drug Stores (NACDS) and National Community Pharmacists Association (NCPA) – who represent a near totality of the nation’s pharmacy community – sent their first formal letter to the U.S. Federal Trade Commission (FTC) in shared opposition to the proposed merger of Express Scripts, Inc. and Medco Health Solutions, Inc.
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8/1/2011 4:00 PM
Drug Store News reports on the Independent Specialty Pharmacy Coalition's letter to the Federal Trade Commission in opposition to the Express Scripts and Medco merger.
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7/21/2011 11:28 AM
Emphasize near-monopoly’s threat to patient care, pharmacy access
National Community Pharmacists Association (NCPA) Executive Vice President and CEO B. Douglas Hoey, RPh, MBA, and National Association of Chain Drug Stores (NACDS) President and CEO Steven C. Anderson, IOM, CAE, issued the following joint statement today regarding the proposed merger of Express Scripts, Inc. and Medco Health Solutions, Inc.:
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