In a surprising turn of events, sources say that CVS Health is exploring the possibility of breaking up its business empire — a move that could unravel years of aggressive vertical integration, including its $70 billion acquisition of health insurer Aetna back in 2017.
Thank you NYC Public Service Retirees Organizing for showing us the way-to fight back, protect and preserve the Original Medicare and employer promised Senior Care! CVS/Aetna Medicare Advantage deserves every loss they have coming to them for their reckless and greedy attempts to auto-enroll 250,000 NYC Public Service Retirees in their privatized, fraudulent healthcare scheme at a time when we are most infirm, disabled and vulnerable. SHAME!
I do not understand how and why state retirement systems are in favor of giving so much corporate welfare to private for profit health insurance companies.
With impending serious lawsuits, could this just be a way to funnel these into the least profitable segment, thereby protecting money in the other segments? I suspect this would be closer to the actual reason for a divestiture.
The piece that stuck out for me was that they paid out too much on Advantage plans. There seems to be a shifting with these plans in my opinion from the market loves them to health providers (especially a couple of hospitals in Chicago) loathe some. I'll be watching with interest to see how this all falls out.
United Healthcare and Optum need a gut check. Price gouging and crappy service.
All these Pharma conglomerates and Health insurance Co's need gutted.
The ACA gave them all the keys to the kingdom leaving them full reign to price gouge us consumers and left patients out to die.
Not sure how you're making this connection. Can you clarify, please.
All I can say to CVS is 😹😹😹😹😹. You deserve this.
Thank you NYC Public Service Retirees Organizing for showing us the way-to fight back, protect and preserve the Original Medicare and employer promised Senior Care! CVS/Aetna Medicare Advantage deserves every loss they have coming to them for their reckless and greedy attempts to auto-enroll 250,000 NYC Public Service Retirees in their privatized, fraudulent healthcare scheme at a time when we are most infirm, disabled and vulnerable. SHAME!
I do not understand how and why state retirement systems are in favor of giving so much corporate welfare to private for profit health insurance companies.
The needle is moving.
With impending serious lawsuits, could this just be a way to funnel these into the least profitable segment, thereby protecting money in the other segments? I suspect this would be closer to the actual reason for a divestiture.
Now we need to address ACO REACH!
The piece that stuck out for me was that they paid out too much on Advantage plans. There seems to be a shifting with these plans in my opinion from the market loves them to health providers (especially a couple of hospitals in Chicago) loathe some. I'll be watching with interest to see how this all falls out.
Caremark is top of the scourge heap