Five reasons why GHLF, patients and patient advocates
are against a merger of Medco and Express Scripts.
Thursday, February 2, 2012
NEW YORK -- Here are the top five reasons why you should be against a merger between Medco and Express Scripts. Both companies are pharmacy benefit managers (PBMs) and are tasked with negotiating prescription medication prices between drug companies and insurance companies.
- There are only three major players in the PBM industry now. A merger of two of the largest PBMs means there will be only two. This means less competition in a market that needs it to keep costs down for patients.
- Two companies controlling the market means they have the power to negotiate better costs for themselves, focusing on profits, not patients.
- Mail order prescriptions will become the norm. Think about this next time you need a prescription fast. Your local pharmacy could be out of business.
- The drug prescribed by your doctor is more likely to be switched, or you will be forced to fail first on a drug before getting the one you need.
- Prices will go up. Have you ever seen a merger that resulted in reduced costs in the long run?
Right now, patients and advocates need to speak out against this merger. Go to Preserve Community Pharmacy Access NOW! You can take action by signing a petition, sending emails, and making calls to your representatives in Washington, D.C.
To find your senators' and representative's phone numbers, search the congressional directory on Congress.org or call the U.S. Capitol Switchboard at (202) 224-3121 and ask for your senators' and/or representative's office.
About the Global Healthy Living Foundation
The Global Healthy Living Foundation (GHLF) is a 501(c)(3) non-profit organization focusing on access to care for patients, caregivers and physicians. We are located at 515 N. Midland Ave, Upper Nyack, NY 10960. www.ghlf.org. Tel: 845-348-0400. Contact: Louis Tharp, Executive Director.
Follow GHLF (@GHLForg) and the Fail First Hurts (@FailFirst) project on Twitter to keep up-to-date.