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-0.00105922168734874 -0.00105922168734874 -0.00105922168734874 1.72231168674194E-05 -0.00105922168734874 -0.00127451064819209 -0.00127451064819209 -0.00127451064819209
Stock impact report

Insurer stocks fall after Trump says 'we're going to knock out the middleman' [USA TODAY]

CVS Health Corporation (CVS) 
Last cvs health corporation earnings: 2/12 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.cvshealth.com
Company Research Source: USA TODAY
CVS Health's CVS.N Caremark, Cigna's CI.N Express Scripts and UnitedHealth Group's UNH.N Optum control the majority of the U.S. pharmacy benefit market, with their parent companies also operating health insurance and pharmacy businesses. Pharmacy benefit managers negotiate drug costs with pharmacies and drug manufacturers and help build drug coverage lists for health plans, mostly on behalf of employers and the government. They directly reimburse pharmacies for prescription drugs included under their agreed terms. "The horrible middleman that makes more money, frankly, than the drug companies, and they don't do anything except they're a middleman," Trump said on Monday, at a news conference at his Mar-a-Lago club in Palm Beach, Florida. "I don't know who these middlemen are, but they are rich," he said. Invest wisely: Best online brokers Referring to his dinner earlier this month with key executives of drugmakers Pfizer PFE.N and Eli Lilly LLY.N, as well as industry lobbyin Show less Read more
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