Lawyer Mark Scherzer was recently quoted in Crain’s New York Business on CIGNA’s deal to acquire Express Scripts. Mr. Scherzer noted that such acquisitions may benefit insurance consumers and policyholders because when insurance companies acquire pharmacy benefit managers (PBMs), the PBMs become part of the regulated insurance industry and may themselves become more susceptible to regulation.
The article can be read here: Who Benefits from CIGNA’s Acquisition of Express Scripts.