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 ...

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.

A bipartisan group of lawmakers introduced legislation that would force the breakup of pharmacy benefit managers (PBMs), the ...

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 ...

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 stock reaction on Wednesday appeared to be in response to new bipartisan legislation that aims to break up pharmacy ...

Pharmacy benefit managers have previously come under scrutiny for their influence over prescription drug prices.

The bipartisan bills would remove the middlemen who influence prices for prescriptions, making healthcare companies divest ...

Shares of health insurers such as UnitedHealth and CVS Health fell on Wednesday after a Wall Street Journal report said a ...

Caremark, Express Scripts, and OptumRx continue to defend themselves against a Federal Trade Commission administrative ...

A Senate bill sponsored by Democrat Elizabeth Warren and Republican Josh Hawley would force the companies that own health insurers or ...