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Board of Governors of the Federal Reserve System
The Federal Reserve, the central bank of the United States, provides the nation with a
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Home > News & Events > Press Releases

Press Release
September 07, 2007

Board order determining that certain activities
are complementary to the financial activity of
underwriting and selling health insurance
For immediate release
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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.

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Last Update: September 07, 2007

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BOARD OF GOVERNORS of the FEDERAL RESERVE SYSTEM
20th Street and Constitution Avenue N.W., Washington, DC 20551