Shares of major pharmacy-benefit managers tumbled Wednesday after a report that a bipartisan group of lawmakers is planning ...

The PBM Act would make companies like CVS and UnitedHealth that own health insurers or PBMs sell pharmacy assets. It would help independent pharmacies, but may not help patients, according to one ...

The stock reaction on Wednesday appeared to be in response to new bipartisan legislation that aims to break up pharmacy ...

1. Sen. Elizabeth Warren, D-Mass., Sen. Josh Hawley, R-Mo., Rep. Diana Harshbarger, R-Tenn., and Rep. Jake Auchincloss, D-Mass., introduced the bill, which would prohibit the joint ownership of PBMs ...

Bipartisan legislation introduced Wednesday in Congress would prohibit ownership of pharmacies and PBMs under the same roof.

This reaction brings to light a widespread and deep-seated contempt for health insurance companies, who are single-handedly responsible for hundreds of thousands of cases of premature death, ...

The chief medical officer of Amazon.com's pharmacy unit is hopeful that U.S. President-elect Donald Trump's health secretary pick Robert F. Kennedy Jr. can be an ally for healthcare companies, he said ...