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Cigna Says Proposed Drug-Rebate Curbs Will Have Minimal Impact on Earnings
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Cigna Corp. said a new federal proposal that would curb rebates from drugmakers would have minimal impact on its results and offered conservative earnings guidance for 2019, the first year it will include the operations of Express Scripts Holding Co. The insurer’s projections for the year were expected to be closely watched by investors, as they provide the first snapshot of the newly merged company’s expected 2019 performance. The insurer closed its $54 billion deal for the pharmacy-benefit manager in December. … Source link More |
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