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UnitedHealth, OptumRx sued by independent pharmacy over ‘unconscionable’ fees Osterhaus Pharmacy in Iowa is also behind a similar suit against CVS Caremark.
CVS and Cigna have filed two separate lawsuits seeking to overturn Arkansas’ new law, which bans pharmacy benefit managers from owning or operating pharmacies in the state, from going into effect.
Federal prosecutors have accused 3 of the country’s biggest health insurers of taking part in a kickback scheme allegedly defrauded Medicare.
CVS Health is a company in transition, moving away from the old pharmacy chain to an integrated healthcare giant. Read more on CVS stock here.
The U.S. is suing major health insurers over alleged kickbacks and discrimination in Medicare Advantage, potentially affecting millions.
Lower prices would take effect in 2026 depending on the talks between the U.S. and drugmakers and the outcome of industry lawsuits.
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Large health insurers and other companies are especially keen on doctors’ groups that care for patients in private Medicare plans.
CVS to convert west Erie pharmacy storefront into medical clinic for seniors The Oak Street Health clinic, which will only treat Medicare patients, will open sometime in 2024 at 1535 W. 26th St.