Forbes October 21, 2024
The new chief executive officer of CVS Health is schooled in many of the traditions that built the company into a major player in both health insurance and healthcare delivery. So don’t look for David Joyner to move away from vertical integration as both a provider and a health insurance company.
Joyner, who is 60 years old, brings nearly four decades of experience from across health insurance, pharmacy benefits and the provision of healthcare that have for years now served CVS well until healthcare costs started to jump in the last year just after the company’s Aetna health insurance business greatly expanded its sales of Medicare Advantage plans to more seniors.
Many of those seniors had held off getting medical...