Mail-In prescriptions on the rise

Medco, one of the major suppliers of mail-in prescription drugs, is seeing a huge benefit to increased gas prices: more customers. Medco sites fewer people paying for gas to drive to the pharmacy have lead to an increase in their sales, which shows increased revenue of 27% leading profits to $5.45 billion. In the second quarter of 2008, earnings increased 12% and they dispensed 26.3 million prescriptions according to this blog at the Wall Street Journal. However, with the poor economy, they point out that are also loosing a high volume of patients, because as companies lay off their workers in this economic slump, they are loosing people paying for their prescriptions.