Page 78 - Express Scripts News Today

Health insurer Cigna has reported $1.3 billion in profit for the first quarter of this year, and has pledged more transparency around its pharmacy benefit manager business, which plays heavily into the company's Evernorth subsidiary. Cigna Chairman and CEO David Cordani said during a recent earnings call that the company plans to provide greater affordability, choice and

Cigna's net income rose 5.8% to $1.2 billion in the first quarter on a 5.7% increase in revenue, the health insurance company reported Friday.

Healthcare

Protesters from the nonprofit AIDS Healthcare Foundation say health insurer Cigna’s pharmacy benefit manager, Express Scripts, is driving specialty pharmacies out of its networks.

CI earnings call for the period ending March 31, 2023.

Tricare copays for many drugs will rise again in 2024 as part of a long-term plan to ratchet up patients' share of the costs through 2027. Congress ordered the series of rate hikes that began in 2018.

The new law places restrictions on pharmacy benefit managers who act as the middlemen in the healthcare system and  "have too much leverage in the market," Florida Gov. Ron DeSantis said as he signed the bill on Wednesday.

Independent experts are concerned about the practice of using Pharmacy Benefit Managers (PBMs) with high prescription costs in the U.S. 

Too often, when Kentuckians visit their pharmacy to pick up a prescription, they are shocked to see the price on the register. This is frustrating for pharmacists as well as we have little control ove

A deal announced this week on a series of drug pricing bills could be a sign of progress an issue that has bedeviled both parties.