Pharmacy benefit managers are the middlemen in the prescription drug market. The Federal Trade Commission reports the revenue of four PBMs exceeds $1 trillion and they control 86% of the market.

Fresh off underperforming Wall Street’s expectations in the fourth quarter, Cigna said it would work to lower costs for its ...

At the Senate Finance nomination hearing yesterday, he declined to give a yes-or-no answer about Affordable Care Act tax credit rule renewal.

Cigna has deleveraged substantially after acquiring Express Scripts in late 2018 when Cigna's debt rose to over $42 billion, or debt/capital of 51%. Management has made good progress on its ...

MILWAUKEE, WISCONSIN / ACCESS Newswire / January 30, 2025 /Serve You Rx, a full-service pharmacy benefit manager (PBM), received Validation Institute's designation for contract transparency. The ...

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.

About 50 retail pharmacies closed across Virginia last year, leaving 20 counties with limited or no access to pharmacies.

Rhode Island-based CVS Health Corporation (CVS) offers pharmacy benefit management services, mail order, retail and specialty ...

Pharmacy benefit management giant Express Scripts unveiled several steps it's taking to boost transparency and mitigate high ...

Supporters say the bill is intended to help community health clinics access discounted drugs, but the pharmaceutical industry ...

The parents of a 22-year-old Wisconsin man who died after an asthma attack have filed a lawsuit against Walgreens and ...

Employers who sponsor health plans typically utilize administrators, like pharmacy benefits managers, to facilitate those ...