Category: NYSE:CI

So Far, Cigna-Express Scripts Deal Approved By Half Of States Needed

Cigna said 14 of 29 states have signed off on its acquisition of Express Scripts.

Opioid Lawsuits Looking More Like A Tobacco Settlement Every Day

Drug makers, PBMs and drugstore chains involved in the sale and distribution of opioids may have reason to fear “a tobacco-style master settlement agreement,” Fitch Ratings says.

Antitrust Battle Next For Cigna After Shareholders Approve Express Scripts Deal

Antitrust battle is next for Cigna after its shareholders Friday approved of its merger with Express Scripts.

Anthem, Walmart Partner On Senior Access To OTC Medicines

Anthem is launching a program with Walmart to boost access to over-the-counter medications to seniors in its Medicare Advantage plans.

Google Bets $375M On Medicare Advantage With Oscar Health Investment

Google-parent Alphabet plans to invest $375 million into Oscar Health to help the insurer expand into the Medicare Advantage business.

Carl Icahn Backs Off Cigna-Express Scripts Deal

Billionaire investor Carl Icahn now says he will support Cigna’s proposed purchase of Express Scripts, citing recommendations of two influential proxy advisors who came out in favor of the merger.

Amid Scrutiny, CVS Says Its PBM Retains Just 2% Of Drug Rebates

CVS Health said its retained share of rebates negotiated with drug makers this year comes to 2%, which translates to $300 million or 3% of the company’s annual earnings per share.

Icahn Opposes Cigna-Express Scripts Deal, Citing Amazon And ‘Flawed’ PBM Rebates

Investor Carl Icahn went public Tuesday with his opposition to Cigna’s proposed purchase of Express Scripts, saying the health insurer is overpaying amid a challenging regulatory environment and the entrance of Amazon into the pharmacy business.

As States Ease Hurdles To Physician Assistants, Salaries Eclipse $100K

Physician Assistant salaries rose nearly 3% to $105,000 last year from $102,000 in 2016 as states lift restrictions, The American Academy of PAs says.

Cigna CEO: We’ll Pay For Drugs That Work With Express Scripts Clout

Cigna CEO David Cordani said the combination with Express Scripts will accelerate value-based payment models once integrated with Express Scripts.