Cigna Group’s pharmacy benefit manager Express Scripts on Tuesday sued the U.S. Federal Trade Commission, alleging that the agency’s July report on the PBM industry was biased and defamatory ...
The original version of this story was published on Law.com Cigna subsidiary Express Scripts Inc. sued the Federal Trade Commission for defamation Tuesday, claiming FTC’s report that pharmacy ...
The Cigna Group posted strong Q3 2024 results, yet CI stock is down nearly 20% from its 52-week high. See why this may ...
Cigna and Humana are reportedly in talks about a possible merger, nearly a year after a similar deal fell through.
Despite reports this fall that the two payers had reopened merger talks, Cigna plans to use excess cash to buy back its ...
The Cigna Group reported $739 million in profit for the third quarter, a figure that accounts for a $1 billion after-tax ...
The owner of one of the three largest pharmacy middlemen in the United States last month filed suit to quash an attempt by the Federal Trade Commission to investigate industry ...
The FTC announced the lawsuit last month against CVS Caremark, Cigna’s Express Scripts and UnitedHealth’s OptumRx for engaging in alleged anticompetitive practices that boosted profits while ...
Health insurance companies are counting on specialty pharmacy to invigorate their finances as other business lines face headwinds.
The FTC believes that Caremark, Express Scripts, and OptumRx threatened to ... are increasing the prices of drugs rather than PBMs. Cigna Chief Legal Officer Andrea Nelson said in a statement ...
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM and specialty pharmacy services, which were greatly expanded by its 2018 merger with Express Scripts ...