A bipartisan group of lawmakers introduced legislation to break up pharmacy-benefit managers.

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 ...

Today, the stock moved below the $52.50 level, posting its lowest close since 2020. With a bearish trend in CVS’ 50- and ...

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 ...

Pharmacy benefit manager shares dropped sharply Wednesday as lawmakers introduced bipartisan legislation requiring health ...

Major health insurers have seen their stocks sink along with consumer sentiment since the shooting of CEO Brian Thomson.

The PBM Act would make companies like CVS and UnitedHealth that own health insurers or PBMs sell pharmacy assets. It would help independent pharmacies, but may not help patients, according to one ...

A bipartisan group of lawmakers introduced legislation that would force the breakup of pharmacy benefit managers (PBMs), the ...

New legislation would force UnitedHealth Group, CVS Health and Cigna to each sell their pharmacies within three years.

Senators Josh Hawley and Elizabeth Warren are teaming up on a bill that targets pharmacy benefit managers (PBMs) as the health care industry faces growing scrutiny following last week's shooting of ...

CNBC’s Bertha Coombs joins ‘The Exchange’ to discuss a bipartisan bill introduced by Senators Elizabeth Warren and Josh ...

Shares of major pharmacy-benefit managers tumbled Wednesday after a report that a bipartisan group of lawmakers is planning ...