National health insurer Aetna, fresh from a disappointing second quarter earnings report, appears ready to sell its pharmacy benefit management business.
Bankers at Bank of America-Merrill Lynch and Credit Suisse have … Read →
WellPoint Inc. has announced that it plans to sell its NextRx pharmacy benefits management subsidiary to St. Louis, Mo.-based Express Scripts for $4.7 billion.
The deal includes consideration for the value … Read →
WellPoint, one of the nation’s largest health insurers, is seeking buyers for its pharmacy benefits management business with a price tag expected to be in the billions of dollars.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.