Nice call, rph_in_wi: This is what you posted in 2006 (#msg-14527959):
I have the same type of reservations about this [CVS-caremark] merger as I did when Merck bought Medco in the 90's… CVS maintains that there will be no exclusive contracts nor preferred reimbursement, and that they will strive to make the PBM industry more transparent. One pharmacy spokesman said that if CVS actually does make changes to the industry, then the merger could be good for everyone. I will believe that when I see it.
I think you nailed it! Please see the next post.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”