PBM Stocks

Pharmacy benefit managers act as high-volume intermediaries between drug manufacturers, insurance providers, and pharmacies to administer prescription drug programs and control medical loss ratios.

As of Oct 23, 2026, PBM has 4 US-listed companies worth $576B combined. The median member moved +1.4% over the past week; UNH led at +4.2% and MRAI trailed at +0.3%.

Companies in PBM

• UNH – UnitedHealth Group Incorporated, $375B
• CVS – CVS Health Corp, $120B
• CI – Cigna Corp, $81.1B
• MRAI – Marpai Inc, $88M

Related groups

• Health Insurance
• Managed Care
• Healthcare Services
• Healthcare Management
• Insurance
• S&P 500
• 25-Year Dividend Payers
• Healthcare

All equity groups