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.
Health-care stocks fall as lawmakers, patients push for changes to their business models
The stock reaction on Wednesday appeared to be in response to new bipartisan legislation that aims to break up pharmacy benefit managers.
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
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.
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.
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.
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.
Health Insurance Stocks Slide on News of Plan to Force Pharmacy Selloffs
Health insurance stocks fell, after The Wall Street Journal reported lawmakers are set to introduce legislation to break up pharmacy-benefit managers. A Senate bill would force the companies that own health insurers or pharmacy-benefit managers to divest their pharmacy businesses.
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
CVS Health Hits 11-Year Low; PBM Legislation Could Slash Earnings By 50%, Says Analyst
New legislation targeting pharmacy benefit managers (PBMs) could cut CVS Health earnings in half. CVS stock fell, along with ...
Money Morning20h
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 ...
CVS Health: When The Industry Is In Crisis, Don't Pick The Weaker Players
CVS Health has struggled post-pandemic due to rising costs, regulatory scrutiny, and poor management decisions, leading to ...
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.
Modern Healthcare1d
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 ...
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 ...
Yahoo Finance1d
CVS Health Corporation (CVS)
CVS Health Corporation ("CVS Health", NYSE: CVS) announced today the results of the previously announced cash tender offer (the "Any and All Tender Offer") for any and all of its 4.100% Senior ...
Drug Store News2d
CVS Health earns URAC Health Equity Accreditation
The accreditation recognizes CVS Caremark and CVS Specialty for creating solutions to address inequities in health outcomes.
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CVS Is Closing More Locations, Starting Next Week—Here's Where
Drugstore pharmacies like Walgreens and CVS are struggling to stay afloat. Next month, a total of eight Walgreens locations ...