Tag: Prescription Drugs

Medicare announces lower prices on 10 common, high-cost drugs

The Biden administration said Thursday that it had reached an agreement with drugmakers to lower prices on the 10 costliest prescription drugs under...

White House says deals struck to cut prices of popular Medicare drugs that cost $50 billion yearly

WASHINGTON -- The Biden administration is taking a victory lap after federal officials inked deals with drug companies to lower the price for...

CVS Health cuts its 2024 forecast a third time, dragged down by insurance struggles

CVS Health chopped its 2024 forecast for a third time and changed the leadership of its health insurance business where it continues to...

Why Walgreens, CVS and Rite Aid are closing thousands of drug stores across America

Walgreens said Thursday that it plans to close a “significant” number of its roughly 8,600 stores in the United States. Around 25% of...

Arkansas sues 2 pharmacy benefit managers, accusing them of fueling opioid epidemic in state

LITTLE ROCK, Ark. -- Arkansas on Monday sued two pharmacy benefit managers that oversee coverage for insurers, employers and other large clients, accusing...