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

Contact:
Public Affairs
(212) 720-6130
general.info@ny.frb.org