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Board of Governors of the Federal Reserve System
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Press Release

Federal Reserve Press Release

Release Date: September 7, 2007

For immediate release

The Federal Reserve Board on Friday announced its determination 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.

Attached is the Board's Order relating to this action.

Attachment (27 KB PDF)

 
Last update: September 7, 2007