CVS and Aetna say their huge merger will be great for consumers. Here's why you should be skeptical
by Michael Hiltzik, Los Angeles Times
Dec 04, 2017
4 minutes
The CEOs of drug retailer CVS and Aetna were marvelously in sync Sunday when they jointly announced their companies' $69 billion deal under which CVS would buy the health insurer.
The deal would "dramatically further empower consumers," Aetna's Mark Bertolini said. It would "create a platform that is easier to use and less expensive for consumers," according to Larry Merlo, president and CEO of CVS Health. They repeated these predictions in a series of joint interviews.
All that was missing was a clue to how, exactly, this nirvana of better, cheaper health care was to be reached. Clues to how little
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