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US House panel to hold hearing with pharmacy benefit managers on healthcare costs

07/17/2024

Less than a minute

2024.07.17 10:05

WASHINGTON (Reuters) – The U.S. House of Representatives oversight panel said on Tuesday it will hold a hearing with executives from U.S. pharmacy benefit managers on the role of the firms in rising healthcare costs.

© Reuters. FILE PHOTO: U.S. dollar banknotes and medicines are seen in this illustration taken, June 27, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

The hearing will include Adam Kautzner, president of Evernorth Care Management and Express Scripts; David Joyner, executive vice president of CVS Health (NYSE:) and president of CVS Caremark; and Patrick Conway, CEO of OptumRx, the panel’s chair, Representative James Comer, a Republican, said in a statement.

The hearing is set for July 23.

07/17/2024

Less than a minute

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