Centene Corp. last week said it selected Cigna Corp.’s Express Scripts to serve as its pharmacy benefits manager, beginning in 2024. “Selecting our future PBM partner represents a major value creation plan milestone and positions us to capture significant value for our members, partners, and stakeholders in 2024 and beyond,” CEO Sarah London said in the company’s third-quarter earnings release. Centene is transitioning away from its in-house PBM, Envolve, following multiple lawsuits alleging Centene overcharged state Medicaid programs for prescription drugs. Centene currently covers 17,144,851 members, with 68.6% enrolled in Medicaid.
Source: AIS’s Directory of Health Plans