18-10-2017 16:48 via kxan.com

Anthem will turn to CVS after troubled Express Scripts deal

Anthem has found a new partner to help run prescription drug coverage after the Blue Cross-Blue Shield insurer’s rocky relationship with Express Scripts ends.
The nation’s second-largest insurer says it will create a pharmacy benefits manager called IngenioRx starting in 2020 and will work with CVS Health Corp. to manage the business. Terms of the deal were not disclosed.
Shares of all three companies climbed on the news after markets opened Wednesday.
Pharmacy benefit managers, or P
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