PBMs and Drug Distributor Stocks Higher On Health Care Reform (ESRX, MHS, MCK)

PBMs and Drug Distributor stocks are higher today following the passage of the health care bill. Analysts at Citigroup estimates "drug sales will be 4-6% higher by 2019 if 32million new lives are insured, beginning 2014."

Express Scripts Inc. (Nasdaq: ESRX) is up 1.2%, MedcoHealth Solutions (NYSE: MHS) is up 0.6% and McKesson Corporation (NYSE: MCK) is up 0.9%.

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