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What´s Really Behind The CVS-
Aetna Merger? (It´s Not Amazon)

Investor´s Business Daily, by Staff

Original Article

Posted By:RockyTCB, 12/5/2017 10:45:09 AM

Health Reform: The CVS Health bid to buy Aetna will "reshape" health care, or so headlines would have us believe. Actually, it´s a sign that the health care landscape is already being reshaped — by consumers, instead of central planners. Every merger comes with promises that the merger will produce "synergies" and that consumers will ultimately benefit, and CVS Health (CVS) and Aetna (AET) are no exception. "We know we can make health care more affordable and less expensive," is the way CVS Health CEO Larry Merlo put it. Whether the merger lives up to those promises is something the market should determine.

      


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Reply 1 - Posted by: grampus, 12/5/2017 11:27:06 AM     (No. 11471196)

I read the article, but still am foggy on exactly what this merger would hope to accomplish or how. I currently use a local CVS for our family´s many med and health needs. Their bare-to-the-bone staffs are excellent but terribly overworked and harried.

As far as Aetna is concerned, I´m carrying a half-century-old grudge with them. Premature child born when family was "well" covered....but no overage allowed for the child or his many needs until he was two weeks old. Knocked the hell out of my family´s plans and finances for a long time.

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Reply 2 - Posted by: Uno, 12/5/2017 11:38:48 AM     (No. 11471217)

Here CVS is a lot more expensive than the local pharmacy chain.

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Reply 3 - Posted by: Smart11344, 12/5/2017 12:41:34 PM     (No. 11471305)

Aetna sucks. Two medications I use were prescribed for me. Aetna wouldn´t pay because the doctor prescribed an amount over what they will pay. I had to pay the full tab. Eventually my doctor got one fixed. Price went fro $32.00 to FIVE dollar for the same number of pills. The second one went from $32.00 t0 $16.00. Insurance companies are not your friend. Never have been and never will be. They only want your premium. And trust me Aetna was very cavalier, intentionally, about their decision.

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Reply 4 - Posted by: strike3, 12/5/2017 12:42:49 PM     (No. 11471309)

A company selling insurance for the very products that it makes down the other end of the hall? Yeah, that´ll work.

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Reply 5 - Posted by: Penney, 12/5/2017 2:02:31 PM     (No. 11471412)

Remember when npr/pbs and the alphabets were pushing the Clinton´s efforts to redirect the lives of Americans to center around the public schools throughout the land? Everything from education to health-care(-because of, ´the children,´ and parents), midnight basketball and other social activities were pushed to be centralized at the schools.

Now since that didn´t work out well, health care centralized at your local cvs drug store seems to be the plan. -The drug store would become the one-stop for everything like Wal-Mart, ...plus medial attention & insurance needs on site.

One wonders if any good can ever result from all of these centralized planning schemes & mergers bordering on monopolies? Is lefty politics yet again involved?



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Reply 6 - Posted by: mamafrog, 12/5/2017 3:20:49 PM     (No. 11471516)

I will say that health care equipment and supplies are MUCH cheaper on Amazon. If you ever need a wheelchair - don´t let the hospital "rent" it to you - buy one from Amazon - and when you are done using it you can loan it to friends or give it to a non-profit. Same goes for most other adaptive equipment and even bandages. I would love to see CVS have a PA who could check eardrums and other things and prescribe antibiotics.

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Reply 7 - Posted by: Charactercounts, 12/6/2017 12:42:29 AM     (No. 11471875)

I´m a bit leery.

Read the story of Tim Fagan, a seriously ill young man who was sold counterfeit Epogen (after a liver transplant) by a CVS Pharmacy in Deer Park, NY. The story is a cautionary tale told by the Long Island Press in a 6/9/2005 story, "Pharmaceutical Fakery, Counterfeit drugs threatens patient´s health" by Elizabeth Cady Brown.

Letting the local drugstore be your doctor, your insurer, and your drug dispensary is being just a bit too trusting, in my opinion.

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Reply 8 - Posted by: ColonialAmerican1623, 12/6/2017 12:43:27 AM     (No. 11471877)

Not a good idea and certainly not good for patients. Remember when CVS got in trouble for not filling certain scripts?

One step closer to socialized medicine.

Aetna group insurance is extremely expensive.

Remember way way back when they refused to let Gates merger because it would be a monopoly? Remember when they stopped Aetna from buying Humana?

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