business / news / / Bloomberg
UnitedHealth Group Inc. said it will move away from having profits in its pharmacy benefits unit linked to the list prices of medications.
UnitedHealth will sever Optum Rx profits from the list prices of medications.
KEY POINTS
- This change aims to address criticisms regarding pharmacy benefits manager business practices.
- Optum Rx managed around 1.7 billion prescriptions in the previous year.
- UnitedHealth's new model may influence how patients' out-of-pocket drug costs are determined.
COMPANIES
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