The Arkansas Insurance Department has issued the first two licenses under the 2018 Arkansas Pharmacy Benefits Manager Licensure Act —one to Aetna Health Management LLC and one to CaremarkPCS Health LLC. Aetna Health Management is based in Hartford, Connecticut. The …
Health insurer Cigna Corp.’s $52 billion acquisition of pharmacy benefits manager Express Scripts Holding Co. has passed U.S. antitrust scrutiny, the companies said on Monday, allowing them to proceed with a combination they say will lead to lower costs by …
CVS Health Corp. reached a $48 million settlement of a lawsuit accusing the U.S. drugstore operator of fraudulently concealing a big loss of revenue in its pharmacy benefits manager business, culminating in a plunge in its stock price. The all-cash …
