What is Medco Prescription?
Medco Prescription is a health Benefits program that publicly called Medco Medicare Prescription Plan. The program is registered with a third-party administrator (TPA) company, Medco Health Solutions Inc. (now known as Express Scripts Holding Company). The company is accountable for paying and processing prescription drug claims.
In addition to Medco Prescription, the company is also launched many health benefits program including Making Medicine Smarter, Medco Rx Discount program, my Rx Choices, Medco, Medco Therapeutic Resource Centers, etc.
Plans and Benefits
Medical prescription can be given by Dentist, Pharmacist, Nurse practitioner, Physician, Psychologist or any health care providers in the United States of America. Medco Health Solution offers a complete range of health benefits to government agencies, health plans, labor unions and public and private employers through Medco Medicare Prescription Plan.
Medco prescription serves as one of the biggest health care service providers in the United States. Before the acquisition of
Express Scripts Holding Company, Medco Health was served to approximately 65 million people.
History and Background
Medco Health Solutions Inc. was started in the year 2003 to provide quality healthcare solutions for Americans. The corporate office of the company is situated in Franklin Lakes city of the U.S. state of New Jersey. The company regulates ten mail-order pharmacies and 60,000 retail pharmacies in the regions of Las Vegas, Indianapolis, and Willingboro by hiring 24,000 employees.
According to the records of 2011, the company generated total
Revenue of $70 billion USD. Medco Health Solutions was acquired by the Express Scripts Holding Company in the year 2012.