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The New York Times, [9] Federal Trade Commission, [27] [28] and many states' Attorneys General [12] [13] argue pharmacy benefit managers unfairly raise prices on drugs. A report by House Committee on Oversight and Accountability chairman, Kentucky Rep. James Comer , found that PBMs use utilization schemes to increase pricing for payers and ...
Health Insurance Plan of Greater New York (HIP) was incorporated in 1944 as the first health insurance plan for public service workers. [9] The company was founded by David M. Heyman with the support of New York City mayor Fiorello La Guardia, who wanted to offer medical services to New Yorkers of “moderate means.” [10] HIP got its first members in 1947.
Since July 2024, he has been chief executive officer (CEO) of Humana, a healthcare company. [1] Rechtin is a Kentucky native. [2] He earned a bachelor's degree from DePauw University, and an MBA from Harvard Business School. [3] Rechtin worked for Bain & Company for over a decade, and was then president of UnitedHealth Group's subsidiary Optum. [1]
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Employers purchasing pharmacy benefit services through Mercer's Rx Options Collaborative can now select Humana Pharmacy Solutions (HPS), a division of Humana Inc ...
The other noteworthy companies by market share are Humana Pharmacy Solutions at 8%, Prime Therapeutics at 5%, and MedImpact Healthcare Systems with 4%. These six companies together control 96% of ...
According to the New York City Charter, the commissioner is broadly responsible for preparing plans for construction and operation of medical and health care facilities and establishing their priorities, has the power to compel the testimony of witnesses and produce reports and documents in matters regarding health, and assess penalties up to ...
Since Optum's founding in 2011, the company has acquired various healthcare technology services to build out its pharmacy benefit manager and care services offerings. April 2011 : UnitedHealth Group announces Optum master brand, bringing together pharmacy services, data & analytics tools, and care delivery services under one roof.
For instance, there are 13 commissioners on the New York City Planning Commission, [1] a commissioner who oversees the Administration for Children's Services, [2] and title of the head of the Law Department is called the Corporation Counsel, [3] but only heads of New York City departments with the title of commissioner are included in the list ...