Circular
Board Determines Certain Activities Complementary to Underwriting, Selling Health Insurance
September 10, 2007
Circular No. 11895

The Board of Governors of the Federal Reserve System has determined that disease management and mail-order pharmacy activities are complementary to the financial activity of underwriting and selling health insurance and are therefore permissible for a financial holding company under the Bank Holding Company Act.

This determination was made in response to a request by the Federal Deposit Insurance Corporation.

See the Board’s press release for full details

Press release OFFSITE