Bipartisan Lawmakers Seek to Break Up Giant Health Care Conglomerates
New legislation would force UnitedHealth Group, CVS Health and Cigna to each sell their pharmacies within three years.
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 ...
UnitedHealth, rival shares tumble as lawmakers push to break up drug middlemen
Pharmacy benefit managers have previously come under scrutiny for their influence over prescription drug prices.
Healthcare stocks fall as lawmakers push for bill to break up drug middlemen
Shares of health insurers such as UnitedHealth and CVS Health fell on Wednesday after a Wall Street Journal report said a ...
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 ...
Cigna's stock leads selloff among drug middlemen on breakup fears - but this analyst says it's not a real risk
Cigna Corp. (CI), which owns the PBM Express Scripts, led the decliners and was down 5.5% to put the stock on track for its biggest one-day selloff in a year. The last time the stock fell more was Nov ...
Bipartisan lawmakers want to force health insurers, PBMs to sell off pharmacies
A bipartisan group of lawmakers introduced legislation that would force the breakup of pharmacy benefit managers (PBMs), the ...
Bipartisan group to push for break up of pharmacy-benefit managers - WSJ
A bipartisan group of lawmakers is expected to introduce legislation to break up pharmacy-benefit managers. Sen. Elizabeth ...
Lawmakers seek to break up PBMs from health insurers, WSJ reports
A Senate bill sponsored by Democrat Elizabeth Warren and Republican Josh Hawley would force the companies that own health insurers or ...
Senators Turn Screws on Health Care Industry as CEO Shooting Fuels Scrutiny
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 ...
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 ...
Health care stocks fall as lawmakers, patients push for changes to their business models
The stock reaction on Wednesday appeared to be in response to new bipartisan legislation that aims to break up pharmacy ...