Who owns Medco Health Solutions?

Express Scripts
Evernorth
Medco Health Solutions/Parent organizations

What is Medco Health Solutions?

Medco Health Solutions, Inc. provides pharmacy benefit management services.

Is Medco part of Cigna?

DFS Approves Cigna Corporation’s Acquisition of Medco Containment Insurance Company of New York Subject to Key Conditions and Ongoing Oversight to Protect New Yorkers.

What kind of insurance is Medco Health?

Medco has provided quality prescription drug benefit services to millions of Americans for over 30 years. Your plan gives you the option of getting your covered prescriptions through mail order or a participating retail pharmacy.

What happened to Medco Health Solutions?

In April 2012, Medco Health Solutions was acquired by Express Scripts.

When did ESI buy Medco?

April 2, 2012
ST. LOUIS, April 2, 2012 /PRNewswire/ — Express Scripts (NASDAQ: ESRX) completed its previously announced $29.1 billion acquisition of Medco Health Solutions today, creating the country’s leading healthcare services company.

Is Medco part of ESI?

The Federal Trade Commission (FTC) recently approved the merger between Express Scripts, Inc (ESI) and Medco Health Solutions, Inc—2 of the country’s 3 largest pharmacy benefit managers (PBMs).

When did Merck spin off Medco?

(“Merck”) distributed all of the outstanding common stock of Medco Health Solutions, Inc. (“Medco Health”) to Merck shareholders of record as of the close of business on August 12, 2003. In the distribution (the “Spin-Off”), you received .

Is Medco a Medicare?

Thank you for your interest in Medco Medicare Prescription Plan® (PDP). Our Plan is offered by Medco Containment Life Insurance Company and Medco Containment Insurance Company of New York/Medco Medicare Prescription Plan, a Medicare prescription drug plan that contracts with the Federal government.

When did Merck acquire Medco?

1993
Merck Merck bought Medco in 1993 for $6.6 billion as a response to the then-new threat of managed-care companies. It thought it could use Medco, which is hired by managed-care firms to fulfill drug purchases for patients, to increase the sales of its own drugs.

What happened to Medco?

Medco was founded as National Pharmacies in 1983. In 1984, after an IPO, National Pharmacies became Medco Containment Services, LLC. In 1993, Medco Containment was acquired by Merck & Co., Inc. and became Merck-Medco.

Is Medco the same as Express Scripts?

Since Medco and Express Scripts have come together as one company to manage your prescription drug benefit, the information Medco had on file for you is now available to the merged company. Express Scripts will protect your private health information with the same level of security you’ve always received.