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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.
Lawmakers Plot to Force Health Insurers to Sell Off Pharmacies
A bipartisan group of lawmakers are set to introduce legislation to break up pharmacy-benefit managers, the drug middlemen that have now faced yearslong scrutiny from Congress and the Federal Trade Commission.
Senators Warren and Hawley introduce a bipartisan bill to break up pharmacy-benefit managers
CNBC’s Bertha Coombs joins ‘The Exchange’ to discuss a bipartisan bill introduced by Senators Elizabeth Warren and Josh Hawley aimed at breaking up pharmacy-benefit managers.
Healthcare stocks fall as lawmakers push for bill to break up drug middlemen
Shares of companies owning pharmacy benefit managers fell on Wednesday after the introduction of a bipartisan bill that would force health insurers or drug middlemen to divest their pharmacy businesses.
Health Insurance Stocks Slide on News of Plan to Force Pharmacy Selloffs
Health insurance stocks fell, after The Wall Street Journal reported lawmakers are set to introduce legislation to break up pharmacy-benefit managers. A Senate bill would force the companies that own health insurers or pharmacy-benefit managers to divest their pharmacy businesses.
Warren and Hawley join forces for bill that would force health insurers to sell off pharmacies
The bipartisan bills would remove the middlemen who influence prices for prescriptions, making healthcare companies divest their pharmacies.
38m
on MSN
CVS Might Just Be the Last Drugstore Stock. Should It Be Broken Up?
CVS could wind up as the only pharmacy stock in the U.S. if Walgreens goes private. But the drugstore chain, worth about $65 ...
Healthcare Dive
24m
New bipartisan legislation would force insurers, PBMs to sell pharmacy businesses
The PBM Act would make companies like CVS and UnitedHealth that own health insurers or PBMs sell pharmacy assets. It would help independent pharmacies, but may not help patients, according to one ...
Modern Healthcare
3h
Warren, Hawley propose PBM Act to break up CVS, UnitedHealth
Legislation from Sens. Elizabeth Warren (D-Mass.) and Josh Hawley (R-Mo.) would transform conglomerates such as UnitedHealth ...
11h
on MSN
Here’s why the CVS Health stock price may rebound in 2025
CVS Health stock price continued to underperform the market this year as the pharmacy industry faced significant challenges.
The Advocate
1d
Former Government Street CVS sold for $1.95 million. What could replace it?
The former CVS Pharmacy on Government Street. A Mandeville developer bought the building last week for $1.95 million. A ...
20h
Ohio Supreme Court sides with pharmacy chains accused in opioid lawsuits
Judges ruled that pharmacy chains cannot be held liable for allegations they violated an Ohio public nuisance law by flooding ...
7h
Investors Heavily Search CVS Health Corporation (CVS): Here is What You Need to Know
CVS Health (CVS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
2d
Employee praised for response to fire in Northampton CVS drive-thru
Fire officials said the flames were caused by a lithium-ion battery that overheated and exploded while the car was in the ...
1d
VIDEO: Northampton CVS employee prevents major drive-thru fire
A potential fire was prevented at the King Street CVS pharmacy last week, due to the actions of a pharmacy employee.
Benefits Pro
2d
CVS continues to shrink footprint, closes MinuteClinics in Utah
CVS Health will finish closing all of its MinuteClinic locations in Utah by shuttering its last three in the state.
1d
CVS Health: When The Industry Is In Crisis, Don't Pick The Weaker Players
CVS Health has struggled post-pandemic due to rising costs, regulatory scrutiny, and poor management decisions, leading to ...
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