Potential Big Impact If Firms That Own Pharmacy Benefit Managers Must Break Up
A bipartisan legislative proposal, the Patients Before Monopolies Act, aims to break up vertically integrated healthcare companies that own both pharmacy benefit managers (PBMs) and retail pharmacies. If enacted, companies like Cigna, CVS Health, and UnitedHealth would be required to divest their retail pharmacy operations within a year. This move is seen as a more significant threat to industry profitability than current PBM reforms, particularly impacting the lucrative specialty pharmacy sector. AI
