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Medicare could save billions of dollars, the Boston Globe reported Monday, if the program used mail-order pharmacies like Medco Health Solutions [MHS
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]. That would, of course, be big business for Medco, a company that already serves 65 million customers. Then there’s the $90 billion worth of branded drugs coming off patent between now and 2015. Medco makes most of its money off generics, so there’s the potential for a noticeable uptick in earnings here, too.
Sound like some investment-worthy catalysts? Cramer thought so. That’s why he invited Medco Health Solutions Chairman and CEO David Snow onto the show. Watch the video for the full story of Medco’s prospects, both in business and for investors.
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