Health insurer stocks fall as WSJ says lawmakers set to break up pharmacy-benefit managers
Shares of health insurers such as UnitedHealth and CVS Health fell on Wednesday after a Wall Street Journal report said a bipartisan group of lawmakers was set to introduce legislation to break up pharmacy-benefit managers.
CVS could wind up as the only pharmacy stock in the U.S. if Walgreens goes private. But the drugstore chain, worth about $65 ...
New legislation would force UnitedHealth Group, CVS Health and Cigna to each sell their pharmacies within three years.
The bipartisan bills would remove the middlemen who influence prices for prescriptions, making healthcare companies divest ...
The stock reaction on Wednesday appeared to be in response to new bipartisan legislation that aims to break up pharmacy ...
Today, the stock moved below the $52.50 level, posting its lowest close since 2020. With a bearish trend in CVS’ 50- and 200-day moving averages, the stock is likely to maintain its bearish momentum ...
A Senate bill sponsored by Democrat Elizabeth Warren and Republican Josh Hawley would force the companies that own health insurers or ...
Senators Josh Hawley and Elizabeth Warren are teaming up on a bill that targets pharmacy benefit managers (PBMs) as the health care industry faces growing scrutiny following last week's shooting of ...
The bill, sponsored by U.S. Senators Elizabeth Warren, a Democrat, and Josh Hawley, a Republican, will force companies owning health insurers or pharmacy benefit managers to divest their businesses ...
The accreditation recognizes CVS Caremark and CVS Specialty for creating solutions to address inequities in health outcomes.
CVS Caremark, OptumRx and Express Scripts are fending off political and legal scrutiny — and upstart rivals promising more ...
Woonsocket-based CVS is laying off nearly 800 people and the impact on Rhode Island will be 19 jobs, 12 in its headquarters.
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