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CVS Health to separate pharmacy and insurance units in 2028 splitBusiness — Nov 4, 2026CVS plans to separate its roughly 9,000 retail pharmacies into a standalone company while keeping insurer Aetna and pharmacy-benefit manager Caremark together, reversing part of its strategy to unite the businesses. The potential breakup comes amid heightened scrutiny of pharmacy benefit managers and vertically integrated health companies; the final structure and timing remain uncertain.

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REPORT: House Republicans Open Antitrust Investigation Against CVS Caremark — Dec 12, 2024House Republicans launched an antitrust investigation Thursday into whether CVS Caremark, a leading pharmacy benefit manager (PBM), has been using its market position to block independent pharmacies from using…

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