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 Plan Bill Forcing Drug Middlemen to Sell Pharmacies
A bipartisan coalition of US lawmakers have drafted legislation that would force prescription drug middlemen to divest pharmacies they own, according to materials reviewed by Bloomberg News.
Healthcare Stocks Dip as Senators Push to Break Up Pharmacy Benefit Managers
Pharmacy benefit manager shares dropped sharply Wednesday as lawmakers introduced bipartisan legislation requiring health insurers and PBMs to divest pharmacy operations within three years. The proposal
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.
UnitedHealth, rival shares tumble as lawmakers push 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.
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 ...
KTVX Salt Lake City on MSN2d
SelectHealth ends contract with CVS Pharmacy — Here’s why
SelectHealth — a Utah-based insurance plan with more than a million members — will no longer be contracted with CVS Pharmacy ...
Healthcare Dive6h
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 Healthcare9h
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 ...
The Advocate1d
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 ...
Utah Public Radio1d
Daily news: Select Health will no longer cover CVS pharmacy visits next year
In other news, hearings have begun for a proposed 18% Rocky Mountain Power rate increase. And, bills on license plate requirements and child phone safety will take effect in January.
CVS closing its MinuteClinics in Utah by week’s end
Utah’s three remaining MinuteClinics were in Highland, Ogden and West Jordan. The Highland and West Jordan clinics have ...
kalkinemedia18h
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.
Healthcare Finance News6d
CVS Health makes pharmacy leadership appointments
Effectively immediately the company has assigned a new chief pharmacy officer and new head of Pharmacy and Consumer Wellness.
CVS, Anthem, other big corporations remove executive photos from their websites after UnitedHealthcare CEO shooting
Days after Brian Thompson was gunned down in New York, the leadership webpages for a number of insurance companies have been ...
Money Morning4h
CVS Stock Hits 3-Year Low Legislation Announcement: Bearish Momentum Targets this Price
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 ...