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Payer

Friday Health Plans Management Services Co., a Denver-based health insurance holding company, has raised $120 million in funding to primarily offer its health plans in new Affordable Care Act marketplaces.

Bipartisan legislation was introduced May 24 in the Senate that would allow the Federal Trade Commission to increase drug pricing transparency and suppress pharmacy benefit manager practices such as spread pricing and payment clawbacks.

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From earning a spot on the Fortune 500 to signing definitive agreements to sell Magellan Rx and Pantherx Rare, here are eight headlines about the St. Louis-based payer:

A group of 26 House Democrats are asking Senate Majority Leader Chuck Schumer and Speaker of the House Nancy Pelosi to fast-track legislation to extend ACA premium subsidies, Politico reported May 23. 

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