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Express Scripts Holding Company is a pharmacy benefit management (PBM) organization. In 2017 it was the 22nd-largest company in the United States by total revenue as well as the largest pharmacy benefit management (PBM) organization in the United States. [2] Express Scripts had 2016 revenues of $100.752 billion. [2]
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Cigna then announced plans in March 2018 to acquire Express Scripts for $58 billion. [63] On November 6, 2017, Gail Koziara Boudreaux was named CEO. [64] In 2018, the company announced a $20 million expansion of its headquarters and the signing of a lease in Atlanta for its technology center. [65]
In September 2015, Express Scripts announced that Paz would retire in May 2016 and become non-executive chairman. [5] [8] [9] [10] He was succeeded as CEO by Tim Wentworth, who was previously president of the company. [9] [10] In February 2016, Paz was appointed to the board of directors of Prudential Financial. [2] [11] Paz died on October 23 ...
Cigna’s (CI) Express Scripts is offering a new prescription drug program that limits costs to consumers, acting as a safety net for millions of newly uninsured individuals.
Rising Medicare Part D premiums come as retirees receive a much smaller Social Security cost-of-living adjustment in 2024 — 3.2% compared to the 8.7% increase in benefits they received in 2023.