UnitedHealth Takes on CVS, Express Scripts With Drugs Deal

  • Drug benefit unit to ease access to 90-day prescriptions
  • Tie-up provides features similar to rivals' offerings
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UnitedHealth Group Inc.’s OptumRx unit struck an agreement to ease customers’ access to drugs through Walgreens Boots Alliance Inc.’s drugstores, a move to help the business compete with rival pharmacy benefit managers.

Clients of OptumRx, the third-largest U.S. drug benefit manager after CVS Health Corp. and Express Scripts Holding Co., will be able to pick up 90-day prescriptions at almost 8,200 Walgreens pharmacies, rather than receiving them by mail, the companies said Thursday in a statementBloomberg Terminal. Financial terms of the agreement weren’t disclosed.