The Federal Trade Commision (FTC) found prescription benefits managers like UnitedHealth's OptumRX have gained $7.3B from price gouging.
FTC stated that the 'Big 3' PBM organisations collectively generated over £5.94 billion ($7.3 billion) in revenue from 2017 to 2022.
Your medical data is not as safe as you think. Discover how a massive ransomware attack exposed millions and the key steps to protect your privacy now.
The updated tally extends the scope beyond what was previously described by company Chief Executive Andrew Witty.
Eden Prairie-based health care giant blasts finding based on just Affordable Care Act plans; researchers note limitations with data.
The company said Thursday that Tim Noel will be CEO of UnitedHealthcare, replacing Brian Thompson, who was killed in New York City in December.
Pharmacy benefit managers overcharged for specialty generic medications — in many cases by hundreds and thousands of percent — for billions in profits, according to a report from the Federal Trade Commission,
The lawsuit – which has been anticipated since the FTC published a damning report on the PBM sector in July – names CVS Health's Caremark, UnitedHealth Group's Optum, and Cigna's Express ...
Investing.com -- Shares of CVS Health Corp (NYSE:CVS), Cigna (NYSE:CI) Group, and UnitedHealth Group Inc (NYSE:UNH) were down around 1% after the Federal Trade Commission (FTC)...
Russia's legendary cold winters are not what they used to be. Early snowdrops, mild January temperatures and a lack of ice on rivers and lakes are all unwelcome signs of climate change, according to plant scientists and meteorologists.
What job scams look like, red flags to watch out for, and how to avoid falling victim to job and hiring scams, plus how to respond if you do. You’ve probably felt the thrill that comes with receiving a job offer.
President Trump has chosen Gail Slater to lead the U.S. Department of Justice (DOJ) Antitrust Division and elevated Commissioner Andrew Ferguson