US Panel Accuses PBM Executives of False Testimony, Warns CVS, Cigna, UnitedHealth

The chairman of a US congressional panel has accused PBM leaders of making false statements during their testimony last month. The US House Oversight Chair has issued warning letters to companies including CVS, Cigna, and UnitedHealth, following these allegations. The executives from these pharmacy benefit managers (PBMs) are now facing potential criminal threats due to the alleged false statements.