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 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.
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.
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.
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 Eye Bill Forcing Drug Middlemen to Sell Pharmacies
A bipartisan coalition of US lawmakers has drafted legislation that would force prescription drug middlemen to divest pharmacies they own, according to materials reviewed by Bloomberg News.
Lawmakers seek to break up drug middlemen in push to reduce medication costs
A group of lawmakers is hoping to break up some of the country’s largest healthcare conglomerates in a move aimed at reducing prescription drug prices.
Bill Seeks To Lower Drug Costs By Breaking Up Pharmacy-Benefit Management And Pharmacies
A bipartisan group of lawmakers said Wednesday that they seek to lower drug costs by prohibiting joint ownership of pharmacy-benefit
Modern Healthcare17h
OptumHealth backs out of 'dummy code' lawsuit settlement
Aetna, also a defendent in the suit, plans to move forward with the settlement agreement, according to a court filing.
NYC wanted posters target CEOs in wake of United Healthcare CEO Brian Thompson slay
Viral posts online have listed the names and salaries of several health insurance executives police worry could be harassed ...
Crain's Detroit1d
Growing nursing home chain hires Optum executive as CEO
Ciena hired David Parker, a longtime health care administrator, to the position, taking over the CEO spot from owner and ...
Becker's ASC1d
Optum in 2024: 10 notes
Here are 10 updates on UnitedHealth Group's Optum, the parent company of Deerfield, Ill.-based ASC chain SCA Health, in 2024. 1. In Q3, Optum reported $4.5 billion in earnings from operations in ...
STAT1d
Wall Street wags say a bill to force insurers or PBMs to sell pharmacies has low odds
A proposed Senate bill that would prohibit companies that control health insurers or pharmacy benefit managers from owning ...
Here’s PGIM Jennison Health Sciences Fund’s Views on UnitedHealth Group Incorporated (UNH)
PGIM Jennison Health Sciences Fund recently released its third quarter 2024 investor letter. A copy of the letter can be ...
FAQ: Answers to your questions about UnitedHealthcare
UnitedHealthcare, the nation’s largest insurer, is owned by parent company UnitedHealth Group. UnitedHealthcare CEO Brian ...
New York Sun8d
Slain CEO of UnitedHealthcare Received Threats About Coverage Before Shooting, Wife Says
The victim of a brazen shooting at New York City, Brian Thompson, was also facing accusations of fraud and insider trading.
Slain UnitedHealthcare CEO Was Accused Of Insider Trading Amid DOJ Probe
Brian Thompson dumped more than $15 million in stock before a federal antitrust investigation into the insurance giant was ...