UnitedHealth gives drug discounts directly to consumers in move beyond Trump crackdown

Health, Fitness & Food

UnitedHealth said Tuesday all of its new employer-sponsored plans in 2020 will pass discounts paid to so-called pharmacy benefits managers, or PBMs, to consumers at the pharmacy counter.

CVS Health’s Caremark unit, and Cigna’s newly acquired Express Scripts unit all offered plans which passed discounts to consumers at the point of the sale for 2019.

The insurers have indicated that take-up of those plans has been slow for 2019, but investors see increased pressure for them to abandon rebates across all of their businesses for 2020 contracts, potentially pressuring margins.

–Reuters contributed to this report.

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