- Safi Bello
Justice Department Requires CVS and Aetna to Divest Aetna’s Medicare Individual Part D Prescription
U.S. Department of Justice press release -------- The Department of Justice announced today that it is requiring CVS Health Corporation (CVS) and Aetna Inc. (Aetna) to divest Aetna’s Medicare Part D prescription drug plan business for individuals in order to proceed with their $69 billion merger. The proposed divestiture to WellCare Health Plans, Inc. (WellCare), an experienced health insurer focused on government-sponsored health plans, including Medicare Part D individual prescription drug plans, would fully resolve the Department’s competition concerns. To learn more click on the picture below to read the release.