UNH · News · 20260727N

PBM State Regulation Risk

UNITEDHEALTH GROUP INC · 2026-07-27 · Importance 40 · Surprise 42 · In source text

UnitedHealth joined CVS, Express Scripts, and a trade group in lawsuits challenging Tennessee's new pharmacy benefit manager breakup law. The statute is scheduled to take effect in July 2028. CVS asked a federal judge to consolidate the four related lawsuits, creating potential litigation and compliance implications for UnitedHealth's Optum Rx/PBM operations in Tennessee.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
operating_incomeunclearcontingentCVS, Express Scripts, UnitedHealth, and a trade group filed lawsuits challenging Tennessee's PBM breakup law, which is set to take effect…