Tucson-based ScriptSave to go by new name

ScriptSave takes on different name

A Tucson-based company that has been doing business as ScriptSave will officially be branded with its legal name of Medical Security Card Company (MSC) LLC.

The company bills itself as the nation’s leading consumer-focused pharmacy benefit manager specializing in the 100 percent copay market.

“MSC’s rebranding represents its successful and ongoing transition to a company well beyond its heritage,” said Paige Berger, its executive vice president for marketing and sales, in a news release. “Today the company competes in markets that include business-to-business as well as direct-to-consumer.”

ARIZONA

Gold, silver coins sales could be tax-exempt

PHOENIX — The state Senate gave preliminary approval Tuesday to exempt profits made by people who buy gold and silver coins from state taxes on capital gains.

Under current law, if someone buys such coins for $500 and sells the same coins for $750, that $250 gain is taxable under federal and state law.

Sen. David Farnsworth, R-Mesa, said gold and silver coins should be recognized as legally equal to paper money, and exchangeable without tax implications. There is no estimate of the amount of money the state would lose if the measure, SB 1141, becomes law.