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 drug industry middlemen that have come under increasing scrutiny by
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 their pharmacies.
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
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 ...
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.
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 ...
Money Morning2h
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 ...
Becker's Hospital Review3h
Federal bill takes aim at joint PBM, pharmacy ownership: 6 notes
1. Sen. Elizabeth Warren, D-Mass., Sen. Josh Hawley, R-Mo., Rep. Diana Harshbarger, R-Tenn., and Rep. Jake Auchincloss, D-Mass., introduced the bill, which would prohibit the joint ownership of PBMs ...
Drug Store News1d
CVS Health earns URAC Health Equity Accreditation
The accreditation recognizes CVS Caremark and CVS Specialty for creating solutions to address inequities in health outcomes.
What the Options Market Tells Us About CVS Health
The general mood among these heavyweight investors is divided, with 55% leaning bullish and 44% bearish. Among these notable options, 6 are puts, totaling $904,367, and 3 are calls, amounting to ...
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 ...
Hosted on MSN1d
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.