House committee advances PBM legislation that would charge flat fee for services [Seeking Alpha]
UnitedHealth Group Incorporated (DE) (UNH)
Last unitedhealth group incorporated (de) earnings: 4/15 05:55 am
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Source: Seeking Alpha
The legislation is included in a bill known as the "Preserving Telehealth, Hospital, and Ambulance Access Act." It would mandate that PBMs who work with Medicare change how their compensation is determined away from the cost of a drug and instead use a flat fee, a policy known as "de-linking." "Compensating pharmacy benefit companies for being able to successfully secure rebates leads to higher rebates which plan sponsors use to help patients, including by lowering premiums, reducing cost-sharing at the pharmacy counter or providing more comprehensive benefit offerings," the Pharmaceutical Care Management Association, the lobbying group for PBMs, said in a blog post . "Any policy aimed at "delinking" will only increase costs for patients, employers and taxpayers, with the only winner being Big Pharma." The three major PBMs are CVS Caremark ( NYSE: CVS ), Express Scripts, which is a subsidiary of the Cigna Group ( NYSE: CI ), and Optum, which is part of UnitedHealth Group ( NYSE
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News
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- UNH INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that UnitedHealth Group Incorporated Investors Can Join the Class Action Lawsuit!Accesswire
- Questor: This healthcare giant is struggling – making it a bargain buy [Yahoo! Finance]Yahoo! Finance
- UnitedHealth Group Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before July 15, 2024 to Discuss Your Rights - UNHAccesswire
UNH
Earnings
- 4/16/24 - Beat
UNH
Sec Filings
- 5/15/24 - Form 8-K
- 5/9/24 - Form 8-K
- 5/9/24 - Form 10-Q
- UNH's page on the SEC website