Nation's largest Pharmacy Benefits Manager accused of gaming its drug formulary and withholding billions in rebates from PBM customers.

Express Scripts, a pharmacy benefit manager and subsidiary of Cigna (CI), has reached a settlement with the FTC over ...

Pharmacy benefit managers, which set how drugs are covered by health insurance, have faced a decade of scrutiny from regulators and lawmakers over pricing.

The Federal Trade Commission has announced what it called a "landmark settlement" with Express Scripts over insulin pricing.

Cigna Corp's Express Scripts settled the U.S. Federal Trade Commission's claims its insulin pricing practices violated ...

Cigna is hoping the settlement it reached with regulators paired with recent legislation will mollify calls to reform PBMs — ...

The agreement includes sweeping changes for Cigna’s PBM, including no longer preferring expensive drugs over cheaper ...

Cigna's top brass said that the company has anticipated a "clearing event" in the pharmacy benefit management industry, and that its new model aligns with regulators' push toward greater transparency.

Cigna and Express Scripts are planning a merger for several reasons, one of them being “the potential entry into the healthcare industry of significant new participants,” according to a May 16 ...

“Together with Express Scripts, Cigna will further accelerate our strategy of Go Deeper, Go Local and Go Beyond by improving affordability and choice, expanding our distribution reach, and further ...