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Don’t bank on UnitedHealth’s profitable present

UnitedHealthGroup Inc. is doing great. America’s largest health insurer released first-quarter results April 16 that beat analysts’ expectations, and it raised full-year earnings guidance....
CVS HEALTH has closed its $70 billion acquisition of Aetna. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

CVS Health closes $70B Aetna acquisition

WOONSOCKET — CVS Health Corp. has closed its acquisition of Aetna Inc., with the latter valued at $212 per share, or about $70 billion,...

Trump plan to lower drug prices moves forward on several fronts

NEW YORK - The Trump administration moved swiftly in the past 24 hours to implement pieces of its plan to bring down drug prices, taking...
CVS HEALTH'S stock dipped Monday after a Trump official said that PBMs role in the health care industry was hurting patients. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

Drug plans drop as Trump official targets PBMs ahead of speech

NEW YORK - Shares of CVS Health Corp. and Express Scripts Holding Co. slipped Monday after one of the Trump administration’s top health-care officials said...
CVS ANNOUNCED a new tool for its retail pharmacists to help patients save money on prescription drugs. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

CVS announces program aimed at lowering prescription drugs costs

WOONSOCKET – CVS Health Corp. announced a new program Wednesday designed to save its customers money on prescription drugs.The CVS Pharmacy Rx Savings Finder...
SKEPTICS OF THE proposed CVS-Aetna merger are critical of the assertion that the average consumer will benefit from any of the combined company's anticipated cost savings. /BLOOMBERG FILE PHOTO/CHRISTOPHER LEE

Skeptical voices gather against CVS-Aetna merger

WOONSOCKET — CVS Health Corp. and Aetna Inc. have billed their pending $67.5 billion merger as a force for positive change in the health...
THREE PHARMACY-BENEFIT MANAGERS - CVS Health, Express Scripts and UnitedHealthcare - control more than 70 percent of the market, including more than half of the $138 billion specialty drug prescription market.

Partners turned into prey as insurers, drug plans get squeezed

NEW YORK – Over 20 years, Brian Komoto built a thriving pharmacy in California’s Central Valley. Each day, his nurses would travel the vast...
CVS HEALTH'S pharmacy benefit management business came under fire, along with other PBMs, from the head of the Food and Drug Administration for holding drug prices artificially high. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

`Rigged’ system blocks use of lower-cost drugs, FDA chief says

WASHINGTON – A “rigged payment scheme” between drug plans, insurers and pharmaceutical companies has blocked access to less-expensive versions of some of the most costly drugs...
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