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.
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.
Bipartisan group to push for break up of pharmacy-benefit managers (update)
Bipartisan lawmakers plan to introduce legislation breaking up pharmacy-benefit managers, requiring divestment of pharmacy ...
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 ...
Why UnitedHealth Group Stock Was Falling Today
Shares of UnitedHealth Group (NYSE: UNH) were pulling back again today on reports that the Senate is working on a bill that ...
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The Big Three Pharmacy Benefit Managers Are Countersuing the FTC. Does Their Argument Have Any Teeth?
The FTC filed a lawsuit in September, accusing the three major PBMs of anticompetitive rebating practices related to insulin.
Healthcare stocks fall as lawmakers push for bill to break up drug middlemen
CVS Health's Caremark, Cigna's Express Scripts and UnitedHealth Group's Optum control the majority of pharmacy benefit ...
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Congress Introduces Bills to Break Up UnitedHealth Group
Congress members in both houses are pushing to break up the nation's biggest insurance monopolies after UnitedHealthcare CEO ...
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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 ...
Lawmakers Push Bill to Break Up Drug Middlemen, Affecting Stocks
The bill, sponsored by U.S. Senators Elizabeth Warren, a Democrat, and Josh Hawley, a Republican, will force companies owning health insurers or pharmacy benefit managers to divest their businesses ...
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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 ...