NEW YORK And then there were three.
With the decision by insurance giant Wellpoint to get out of the business of managing and coordinating pharmacy benefits for some 25 million of its members, the field of battle among the competing pharmacy benefit management firms will soon narrow. If the deal is approved, three large-scale players – CVS Caremark, Express Scripts and Medco Health – will control the pharmacy use patterns of well over 100 million Americans and account for more than 2 billion prescriptions dispensed annually in the Untied States.