CVS Exec Says Use Of New Pharmacy Pricing Model For Commercial Insurance In 2025 May Drive Pharmacy And Consumer Wellness Towards Flat Results Vs Down 5%
Portfolio Pulse from Benzinga Newsdesk
During CVS's Investor Day, an executive mentioned that the implementation of a new pharmacy pricing model for commercial insurance in 2025 could lead to flat results in pharmacy and consumer wellness, as opposed to a 5% decline.
December 05, 2023 | 2:09 pm
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CVS's new pharmacy pricing model for commercial insurance may stabilize results in pharmacy and consumer wellness sectors, preventing a projected 5% decrease.
The announcement of a new pricing model that is expected to prevent a decline in key business segments is generally seen as a positive development. Investors may view this as a proactive strategy to maintain or improve financial performance in the pharmacy and consumer wellness sectors, which could lead to a positive short-term impact on CVS's stock price.
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