A bipartisan group of lawmakers said Wednesday that they seek to lower drug costs by prohibiting joint ownership of ...

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 200-day moving averages, the stock is likely to maintain its bearish momentum ...

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.

A bipartisan group of lawmakers are set to introduce legislation to break up pharmacy-benefit managers.

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 ...

Shares of health insurers such as UnitedHealth and CVS Health fell on Wednesday after a Wall Street Journal report said a ...

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

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

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 ...