September 07, 2007
Board order determining that certain activities are complementary to the financial activity of underwriting and selling health insurance
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.