This merger looks like it has potential for cost savings through economies of scale and via diversification of risk, although the products are similar and correlated.
Yet, no details have been given as to how the combined entity will operate. Absent those details, it’s too soon to tell if the merger will work and anti-trust concerns will be dismissed.
There are several issues that may arise out of this merger, which may directly affect those insured with Aetna and the local pharmacies. If someone is insured with Aetna, does that mean they must use CVS to fill prescriptions? Will CVS accept drug manufacturer’s coupons or deny them, greatly increasing the costs of medications. I know for a fact that Express Scripts would not accept drug manufacturers coupons. Also, how will this affect those who prefer to use their local pharmacy? I hope they look at all aspects of the merger and the affects it may have on the general population.
This merger looks like it has potential for cost savings through economies of scale and via diversification of risk, although the products are similar and correlated.
Yet, no details have been given as to how the combined entity will operate. Absent those details, it’s too soon to tell if the merger will work and anti-trust concerns will be dismissed.
Just hope that CVS can run a health insurance company better than its retail stores or we are all in trouble.
Give me Walgreens anytime on pharmacy stores in lieu of CVS. They are the pits.
There are several issues that may arise out of this merger, which may directly affect those insured with Aetna and the local pharmacies. If someone is insured with Aetna, does that mean they must use CVS to fill prescriptions? Will CVS accept drug manufacturer’s coupons or deny them, greatly increasing the costs of medications. I know for a fact that Express Scripts would not accept drug manufacturers coupons. Also, how will this affect those who prefer to use their local pharmacy? I hope they look at all aspects of the merger and the affects it may have on the general population.