The Most Favored Nation directive would allow drugmakers to directly sell their products to patients at a lower cost, cutting ...

In 2023, the Blue Shield of California announced that it was dropping CVS Caremark as its pharmacy benefit manager (PBM) and ...

Illinois secured a $45 million settlement with CVS Caremark over pharmacy benefit management transparency issues.

President Donald Trump's new health care initiative aims to reduce prescription drug costs by targeting pharmacy benefit ...

The common theme at the maker of Wegovy and at UnitedHealth may be investors' sudden awareness of cost-cutting pressure.

Sen. Josh Hawley, R-Mo., demanded Tuesday that Congress move to stop insurance companies from owning pharmacy benefit ...

Illinois and CVS Caremark reach a $45 million settlement over pharmaceutical rebates, lowering the liability to taxpayers for ...

Iowa, suggested Congress could once again move to overhaul PBMs’ controversial business practices after legislators pass ...

CVS Caremark decided to stop offering Zepbound in favor of Wegovy for weight loss. It’s the latest example of limits imposed ...

CVS Health Corporation CVS and The Cigna Group CI shares trading lower Tuesday. President Donald Trump on Monday signed an ...

CVS Health owns the PBM CVS Caremark. PBMs have been accused of steering customers toward their own pharmacies. Since January 2022, at least 100 community pharmacies have closed in North Carolina.