CI News Explorer
Stay informed with the latest market news and analysis about CI
2024-12-16
Insurer stocks fall after Trump says 'we're going to knock out the middleman'
Dec 16, 2024, 3:50 PM
CVS Health's Caremark, Cigna's Express Scripts and UnitedHealth Group's Optum control the majority of the U.S. pharmacy benefit market, with their parent companies also operating health insurance and pharmacy businesses. Pharmacy benefit managers negotiate drug costs with pharmacies and drug manufacturers and help build drug coverage lists for health plans, mostly on behalf of employers and the government.
2024-12-11
Bipartisan Lawmakers Seek to Break Up Giant Health Care Conglomerates
Dec 11, 2024, 12:18 PM
New legislation would force UnitedHealth Group, CVS Health and Cigna to each sell their pharmacies within three years.