Rumors of CVS breaking up its PBM and pharmacy units. What would a similar split do as far as layoffs?
https://www.reuters.com/legal/litigation/cvs-health-explores-splitting-retail-pharmacy-insurance-businesses-ft-reports-2026-11-03/
6 replies (most recent on top)
@OP - Splitting may be the better option. I’ve never worked at a company in worse shape than Optum Behavioral. Since 2022, it has carried out repeated RIFs, while CEO leadership has repeatedly demonstrated poor judgment and a lack of competence. Entire capabilities have disappeared, including the loss of industry respect.
Inevitable breakup of the vertical monopolies .
@az wait when is SD leaving? Oi is toxic due to him
The CVS announcement on 11/4 is to split off their retail footprint, leaving a CVS Health with components that almost exactly mirror UHG.
Congress will then likely go after CVS and UHG as equal targets to force a spin off of PBM first and then the Provider function next. PBM antitrust action will pass without a Trump veto.
If your provider/clinical patient facing that's not explicitly tied to VBC be alert too. Likely proposed in congress to split Payer + Provider at least for profit companies
Anyone in OptumRx would find themselves with a better employer. You bet someone in UHG strategy will insist we start thinking about it now, but like SD leaving OI as a Christmas Present it will be very hush hush.
SH is pigheaded and thinks we live in the 1990s or 1970s and growth is possible may prevent voluntarily splitting RX.
the Blue Tsunami if anything this government agrees on is splitting up UHC. Congress will vote for it and Trump will not veto.