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[music] >>Express Scripts is a Pharmacy Benefit Manager
– PBM for short. They play a big role in today’s health
care system because they try to reduce the cost of pharmaceutical products. If you’re
going to have a prescription that’s going to last a long
time, it’s cheaper to buy via mail order through a company like
Express Scripts to reduce that cost over time. >>Recently, Express Scripts bought one of their competitors, Medco, and
company believes that’s going to be good for their continued growth.
>>I think the so-called the Affordable Health Care Act called Obamacare by some, plays a
role because people see what Express Scripts is doing and
will be a part of that process. So I think that the company
will benefit from Obamacare. More people will be on new health plans that will require companies
like Express Scripts to manage their pharmaceutical
needs. >>For a lot of people, the types of services
Express Scripts provide is expected to become a more
important part of their life. >>I can’t address or predict whether Express
Scripts is a good investment. What I tell my clients is to look
at companies whose products are in demand and picture if that company and their product
will continue to grow.
>>I certainly think Express Scripts make that list.