CVS bid for Aetna: A $66 billion bet on cutting drug costs

October 29, 2017 by  
Filed under News

NEW YORK (Reuters) – The proposed merger between U.S. pharmacy operator CVS Health Corp and No. 3 health insurer Aetna Inc represents a $66 billion bet that insurers can drive down high U.S. drug prices by cutting out the middleman.

Source: Reuters Business News

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