By David Barry – CVS’s acquisition of Aetna is a back to the future move. Decades ago, before the acronym PBM (Pharmacy Benefit Management), insurers contracted with individual pharmacies and offered members access to them at discounted rates. In so, the benefits (medical, dental, behavioral, and pharmacy) were packaged.
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Business news from Oxford Finance, VitalConnect, Zebra Medical Vision, Change Healthcare, Document Storage Systems Inc., Jvion Inc., Revel, TT Capital Partners, GetWellNetwork, Prognos, CVS Health, and Aetna.
Latest news being reported on payers and the health insurance industry including news from CVS Health, Aetna, Anthem, Inc., Humana, Cigna, AHIP and more. Reports and news about the House’s movement on the Children’s Health Insurance Program and insurance companies’ promotion of open enrollment for ACA.
By Chad Terhune – The head of Aetna Inc., the nation’s third-largest health insurer, said he supports insurance exchanges, even though he questioned their sustainability earlier this month and lost money in the marketplaces last year.
On the 6th Day of our 12 Days of Christmas Posts we look at geese a laying. On this day, we take a gander at some of the biggest healthcare mergers of the year 2015.