Express Scripts, the pharmacy benefits management business of Cigna Corporation's (NYSE: CI) Evernorth, announced a new strategic collaboration with Centene (NYSE: CNC) to make prescription medications more accessible and affordable for customers.

"We're proud to partner with Centene to deliver greater prescription drug affordability and access for their customers," said Amy Bricker, president of Express Scripts. "This further demonstrates the value of our growth strategy, our long track record as a partner of choice to government-sponsored plans, and the opportunity we have to further extend our services to more and more Americans. We look forward to working with Centene to create innovative health services that help people live healthier lives and unlock meaningful savings for those we serve."

Beginning in January 2024, Express Scripts will manage pharmacy benefits for approximately 20 million Centene members. In addition to greater savings on prescription drugs, Centene customers will also have access to Express Scripts' extensive national network of retail pharmacies. Centene selected Express Scripts to administer pharmacy benefits after a competitive bidding process.

To unlock additional prescription drug savings and better health outcomes for customers served by both organizations, Express Scripts and Centene will work together to enhance early detection of health episodes, close gaps in care, and drive improved clinical outcomes.