High insulin prices spur a federal lawsuit against three pharmacy benefit managers [Yahoo! Finance]
UnitedHealth Group Incorporated (DE) (UNH)
Last unitedhealth group incorporated (de) earnings: 4/15 05:55 am
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Source: Yahoo! Finance
Three companies that process about 80% of prescriptions in the United States — Caremark, Express Scripts and OptumRx — have engaged in anticompetitive practices that spur price increases, the Federal Trade Commission alleged in a lawsuit filed Friday. Pharmacy benefit managers, or PBMs, run prescription drug coverage for insurers, large employers and other clients. They set up formularies, or lists of covered drugs, and negotiate rebates off the drug prices. The FTC said the rebating practices of the three companies have led to artificially inflated list prices for people. List prices are what a drugmaker initially sets for a product and what people who have no insurance or plans with high deductibles are sometimes stuck paying for prescriptions. For years, pharmacy benefit managers have been the target of ire for politicians, patients and others. But PBMs have said they play an important role in controlling drug costs and pass along most of the discounts they negotiate to thei
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UNH
News
- How data-driven solutions are helping employers combat the rising costs of diabetes [Business Insider]Business Insider
- Why CVS stock is up double digits today [Yahoo! Finance]Yahoo! Finance
- CVS Taps Ex-UnitedHealth Executive for Aetna, Skips Guidance [Yahoo! Finance Canada]Yahoo! Finance Canada
- CVS Taps Ex-UnitedHealth Executive for Aetna, Skips Guidance [Yahoo! Finance]Yahoo! Finance
- UnitedHealth Group Board Authorizes Payment of Quarterly DividendBusiness Wire
UNH
Earnings
- 10/15/24 - Beat
UNH
Sec Filings
- 11/5/24 - Form 4
- 11/4/24 - Form 10-Q
- 10/15/24 - Form 8-K
- UNH's page on the SEC website