April 5, 2012
FROM THE CEO
The merger between and Express Scripts and Medco Health Solutions, the pharmacy benefit manager (PBM) for the FOREIGN SERVICE BENEFIT PLAN (FSBP), that was announced on July 21, 2011 is now official. We expect the transition in operations to be business as usual.
The merger combines the expertise of two complementary PBMs to accelerate efforts to lower the cost of prescription drugs and improve the quality of care for members of the Plan.
This merger brings together two strong, dynamic companies that will draw on each other’s strengths going forward. The American Foreign Service Protective Association (AFSPA), the sponsor of the FSBP, expects there to be few changes in the near term in the prescription services our members currently receive. The merger will not impact the status of pharmacies participating in our network.
Express Scripts has pledged to continue delivering on their commitments to the Plan and AFSPA. AFSPA believes that the members of the FSBP will continue to enjoy the same excellent benefits and service that they received from Medco.
For more information please click here to be directed to the FSBP’s Homepage.
