PCMA announced today that WellPoint is the newest member of the association. "WellPoint has a unique role in the insurance market as the nation's largest health care benefits company that also continues to maintain control over our formulary and clinical programs," said Pete Clagett, WellPoint's vice president for pharmaceutical strategies, PBM oversight and support. "Payers and consumers from across the spectrum recognize that PBMs provide 'workable' prescription drug solutions for policymakers seeking to balance cost and access," said PCMA President and CEO Mark Merritt.

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