Are CVS Health, Cigna, and UnitedHealth Group Stocks Bad News Buys With the FTC's PBM Crackdown?

The FTC is going after these PBMs. Is this an opportunity for investors? Big pharmacy benefit managers (PBMs), Uncle Sam wants you. And not in a good way. The Federal Trade Commission (FTC) announced on Sept. 20 that it filed a lawsuit against the three biggest PBMs in the country: CVS Health's (CVS 0.10%) Caremark Rx, Cigna Group's (CI -0.34%) Express Scripts, and UnitedHealth Group's (UNH -0.28%) OptumRx. These three PBMs together account for roughly 80% of the prescriptions administered in the U.S. Unsur ...