Aetna says it'll sell its Medicare drug business as it seeks approval for its $69 billion takeover of CVS Health

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Aetna will sell its Medicare prescription drug plan business to WellCare Health Plans as it seeks approval of its planned $69 billion takeover of CVS Health. The deal is currently being reviewed by the Department of Justice.

 

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CVS creates new health-care giant as $69 billion merger with Aetna officially closesCVS and Aetna have closed their merger about a year after announcing the deal to combine a drugstore chain, a pharmacy benefit manager and a health insurer. Will be the worst thing to ever happen to the American healthcare system Maybe that’s why I was given a cheaper version of Lisinopril. I wonder how this will affect United Healthcare if at all
Source: CNBC - 🏆 12. / 72 Read more »

Justice Department approves $69-billion merger between CVS Health and Aetna - Los Angeles TimesCVS Health Corp. and Aetna Inc. can go ahead with their about $68 billion deal, the Justice Department said, clearing the way for a merger that will create a health-care giant with a hand in insurance, prescription-drug benefits and drugstores across the U.S. Does this mean they’ll be able to open a second checkout register? CVS Health Corp. and Aetna Inc. can go ahead with their about $68 billion deal, the Justice Department said, clearing the way for a merger that will create a health-care giant with a hand in insurance, prescription-drug benefits and drugstores across the U.S. This is good. Treat minor ailments quickly and certainly cheaper than an unnecessary doctor’s visit.
Source: latimes - 🏆 11. / 82 Read more »

CVS, Aetna win U.S. approval for $69 billion mergerPharmacy chain CVS Health Corp won U.S. antitrust approval for its $69 billion acquisition of health insurer Aetna Inc, the Justice Department said.
Source: YahooNews - 🏆 380. / 59 Read more »

CVS, Aetna win U.S. approval for $69 billion mergerPharmacy chain CVS Health Corp won U.S. antitrust approval for its $69 billion a... Aetna bet you fedexed their check but can't do that for a disabled senior citizen's claim that sat around collecting dust for a few months This merger along with Express-scripts will be view later as a HUGH mistake. Watch CEO pay skyrocket
Source: Reuters - 🏆 2. / 97 Read more »

CVS, Aetna win U.S. approval for $69 billion mergerPharmacy chain CVS Health Corp won U.S. antitrust approval for its $69 billion a... Hooray for the narco state of RI Let no one be fooled - this was already a functional merger, the way Aetna was forcing their clients to only use CVS for the prescriptions. This is merely a formality and an excuse to lay off thousands of people under the guise of 'duplication'. Aetna guess this is why have not not paid claim sat collecting dust for a few months. You needed the money for this bit thinks a disabled senior citizen should not have claim paid in timely fashion
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DOJ approves $69B CVS Health-Aetna merger, with conditionsThe proposed $69 billion merger between CVS Health and Aetna is getting a greenlight from the Department of Justice, with some conditions. The Justice Department on Wednesday approved the deal on the condition that Aetna moves ahead with its plan to sell its Medicare Part D prescription...
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Aetna to Sell Medicare Part D Drug Business to WellCare HealthAetna has agreed to sell its Medicare Part D prescription business to a WellCare Health subsidiary, as the company waits for its merger with CVS Health to be approved by federal and state officials. Can Grassley be any more inappropriate Does anyone else see this as a consolidation of power in the control of drug pricing? Selling it as a positive but I am leery. For those that don't know, the customer service is outsourced. Imagine frustrated seniors talking to someone in another country who does not speak good English and don't even know what the hell they are doing.
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