Tag: Cigna Corp

2024-11-20

CVS, UnitedHealth, Cigna sue to block FTC case over insulin prices

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Business

CVS Pharmacy logo is seen in Washington DC, United States on July 9, 2024. Jakub Porzycki | Nurphoto | Getty Images CVS Health, UnitedHealth Group and Cigna sued the Federal Trade Commission on Tuesday, claiming that the agency’s case against drug supply chain middlemen over high insulin prices in the U.S. is unconstitutional.  The complaint, filed in the U.S….

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2024-10-05

CVS is considering a break up. Here’s why that could be risky

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Business

A sign outside of a CVS pharmacy store on February 07, 2024 in Miami, Florida.  Joe Raedle | Getty Images It’s time for a wellness check at CVS Health. Shares of the company are down more than 20% this year as it grapples with higher-than-expected medical costs in its insurance unit and pharmacy reimbursement pressure, among other issues. As…

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2024-08-19

Why Walgreens, CVS retail pharmacies are struggling

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Business

The abundance of Walgreens and CVS Health stores makes them convenient for whenever Shriya Raghavan, a research associate based in Philadelphia, needs to pick up necessities like gum, deodorant and soap.  But she said she often has to wait for employees to unlock cabinets or stand in lengthy lines to pick up prescriptions as pharmacists juggle tasks. Those are…

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