Becker's Healthcare August 1, 2024
Cigna is planning to vigorously defend its pharmacy benefit manager from scrutiny.
On an Aug. 1 call with investors, Cigna Group CEO David Cordani said the company will be more aggressive in communicating the value of its PBM to lawmakers, customers and the public.
“We challenge ourselves to be much more aggressive and complete relative to communication and engagement in support of our clients, be they employers or health plan customers, collaborating even more deeply and intensely with independent pharmacies … and working on the Hill, of course,” Mr. Cordani said.
Mr. Cordani’s comments come as PBMs are under intense scrutiny in Washington. In July, a Federal Trade Commission report alleged PBMs show favoritism toward their own...