<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=302779086974399&amp;ev=PageView&amp;noscript=1"> Medicare Blog | Medicare News | Medicare Information

Medicare Blog | Medicare News | Medicare Information

Fed Nearing Approval of Mergers: CVS-Aetna, Cigna-Express Scripts May Soon Merge

Posted by www.psmbrokerage.com Admin on Thu, Sep 13, 2018 @ 08:31 AM

Fed Nearing Approval of Mergers:
CVS-Aetna, Cigna-Express Scripts May Soon Merge

Fed Nearing Approval of Mergers
Justice Department antitrust enforcers are preparing to give the green light to two deals in the health-care industry: CVS Health Corp.’s planned acquisition of health insurer Aetna Inc.; and Cigna Corp.’s planned purchase of Express Scripts Holding Co., according to people familiar with the matter. Both deals could receive formal antitrust approval as soon as the next few weeks.

The CVS-Aetna and Cigna-Express Scripts deals underscore how the health care and insurance industries are changing, with the biggest players seeking to incorporate multiple lines of business, forming behemoths that stretch from insurance to pharmacy-benefit management to – in some cases – drugstores, clinics and physician practices. CVS has the largest market share in the Medicare drug-plan business, with around 6.1 million members. Aetna is the fifth-biggest Part D seller with around 2.2 million members. To preserve competition where CVS and Aetna sell Part D plans head-to-head, the Justice Department will require the companies to sell off parts of their Part D business to one or more companies that would compete with the newly merged firm, some of the people familiar with the matter said.

Read the full article here

Additional Updates:
  • Product Spotlight: Shenandoah Life Medicare Supplement Plans - View
  • Are you missing out on sales by not offering dental insurance? - View
  • Mutual of Omaha Open Enrollment Guidelines - View
  • Medico: Hospital Indemnity Plan with Observation Unit Benefit - View
  • Follow us on LinkedIn and keep your business informed - View
  • Increase your sales with our complimentary tools and tech - View
  • Express: Mutual of Omaha weekly updates - View
  • VALUES Quote of the Week - View
  • Current agent incentive trips and contests - View

Medicare Advantage / AEP Updates:

  • Your path to AEP success with Precision Senior Marketing - View
  • Enroll your MA and PDP clients online - at no cost to you - View
  • 2019 Medicare Advantage / Part D Certifications now available - View
  • 2019 Medicare Advantage First Looks now available - View
  • 2019 AEP Road Map - Start your planning today - View
  • The DSNP Market continues to grow. Are you missing out? - View

Tags: Cigna, Part D, aetna, CVS, Express Scripts

    Join thousands of insurance agents who receive weekly news updates and original articles.

    Follow Precision Senior Marketing on Facebook!

    Follow Precision Senior Marketing on Twitter!

    Most Popular Posts

    Posts by Topic

    Click for More