Becker's Healthcare March 31, 2025
Cigna’s Express Scripts has emerged as the largest pharmacy benefit manager in the U.S. by market share, overtaking long-time leader CVS Caremark, according to a March 31 report from the Drug Channels Institute.
In 2024, Express Scripts handled 30% of all prescription claims, up significantly from 23% in 2023. Meanwhile, CVS Health’s CVS Caremark saw its share decline from 34% to 27% over the same period. Express Scripts’ growth was largely driven by a major contract win to manage pharmacy benefits...