Forbes November 29, 2018
The “retailization of healthcare” took a big step forward yesterday with the close of drugstore CVS Health’s deal to buy health insurer Aetna. In his first public appearance after the deal close, chief executive Larry Merlo said this morning at the Forbes Healthcare Summit, “This an opportunity to create a new healthcare model that is easier and simpler to use.” The retailization of healthcare has been driven by high-deductible insurance plans pushing decision-making and accountability in the hands of consumers, Merlo said, “yet tools to make decisions are lagging behind expectations of plan designs. We see an opportunity to close that gap.”
CVS Health and Aetna announced the deal, which values the insurer at $69 billion, last December. It’s taken...
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