Cigna Group shares fell sharply after the health insurer reported fourth-quarter profit that was dragged down by medical costs, a trend that’s concerned investors in the sector for months.
Cigna's Evernorth Health Services said on Wednesday its actions will enhance transparency about the company's negotiations.
It’s the latest step from pharmacy benefit managers to respond to relentless criticism from politicians and regulators over ...
After UnitedHealthcare CEO Brian Thompson was shot to death in December, law enforcement records show a burst of police ...
The FTC report found that from 2017 to 2022, three PBMs—UnitedHealth Group's Optum, CVS Health's CVS Caremark and Cigna's ...
Between 2017 and 2022, UnitedHealth Group’s Optum, Cigna’s Express Scripts and CVS Health’s CVS Caremark marked up their ...
The Federal Trade Commission said three top pharmacy suppliers made profits of 7,700 percent on a lifesaving hypertension ...
But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it ...
FTC stated that the 'Big 3' PBM organisations collectively generated over £5.94 billion ($7.3 billion) in revenue from 2017 to 2022.
Andrew Witty, UnitedHealth CEO, said the move will remove an excuse other players use to blame Optum Rx for high drug costs.