Walmart, Express Scripts Extend Prescription-Services Agreement

By Aisha Al-Muslim

Retail giant Walmart Inc. and pharmacy-benefit manager Express Scripts Holding Co. have extended their network agreement to provide access to Walmart's prescription services for Express Scripts clients' covered members.

The three-year agreement will help both insured and uninsured customers save money on prescription drugs, the companies said Wednesday.

Walmart also will participate in Express Scripts's pharmacy-savings program called InsideRx, which provides discounts, on average of 40%, to uninsured Americans using brand-name prescription drugs.

Bentonville, Ark.-based Walmart has operated a program since 2006 to provide a range of generic drugs for $4. Walmart, which operates more than 4,700 pharmacies, said it will continue to work with Express Scripts on pricing options to help people with no health-care coverage and those who need products not covered by their insurance.

Write to Aisha Al-Muslim at aisha.al-muslim@wsj.com

(END) Dow Jones Newswires

December 12, 2018 09:19 ET (14:19 GMT)

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