Cigna’s Pharmacy Model Without Rebates: Three Key Points About Its New Effort to Address the Gross-to-Net Gap

On Monday, Cigna revealed a significant shift in its approach to pharmacy benefits, opting to eliminate traditional manufacturer rebates. Instead, they will adopt a “rebate-free” strategy, featuring a point-of-sale (POS) rebate system coupled with a cost-plus reimbursement model for pharmacies. This change is meant to benefit patients by extending the savings that pharmacy benefit managers […]
Tax Rebates of Up to $400 Coming Back to Virginians: Important Information to Consider

Governor Youngkin Announces Tax Refunds for Virginians Since he took office three years ago, Governor Youngkin has consistently announced tax refunds for residents of Virginia. On Wednesday, he highlighted that robust job growth and a surplus of over $10 billion are paving the way for a record $9 billion in tax relief. However, not everyone […]
Missouri’s biggest health insurance company is required to pay nearly $90 million in rebates to its customers.

Missouri Insurers Must Issue $90 Million in Refunds The largest insurers in Missouri are required to reimburse policyholders around $90 million. Ambetter, a subsidiary of Centene Corporation, based in Clayton, is expected to send out checks totaling $87.5 million to Missouri customers. These rebates will be in line with the medical loss ratio guidelines set […]
‘No Free Handouts to Anyone’: Kevin O’Leary Rejects Proposal for Sending Tariff Rebates to Americans

Kevin O’Leary Critiques Proposed Rebate Checks Funded by Tariffs Kevin O’Leary, known from “Shark Tank,” expressed reservations on Monday regarding the idea of providing rebate checks to Americans funded by tariffs. This concept was initially suggested by President Donald Trump on July 25 and further introduced by Republican Senator Josh Hawley from Missouri. During an […]
Trump proposes distributing ‘rebates’ from the billions collected in tariff revenue

WASHINGTON – President Trump suggested on Friday that some Americans might receive a “rebate” from the federal government. This follows the U.S. Treasury Department collecting $64 billion in tariff revenue in the first three months after the announcement made on April 2 regarding the “liberation date.” “We’re looking at a little rebate for people at […]
IRS to send unclaimed tax rebates to 1M Americans – Fox Business

Claman Countdown panelists Peter Schiff and Andy Brenner unpack the market's reaction to the Federal Reserve. The Internal Revenue Service (IRS) announced plans to provide automatic payments to eligible taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax returns. IRS officials announced the move on Dec. 20, saying payments would be […]
California Gov. Newsom’s proposed EV rebates may exclude Musk’s Tesla

Spear Invest Founder and Chief Investment Officer Ivana Delevska talks about the value of AI data centers and the future of self-driving cars on “Making Money.” California Governor Gavin Newsom could exclude Tesla and other automakers from an electric vehicle (EV) rebate program if the incoming Trump administration eliminates federal tax credits for electric vehicle […]