To our valued brokers,
As you may have seen in the news, CVS Health, the largest pharmacy health care provider in the U.S., has agreed to acquire Aetna. This has no immediate effect on the products your clients have purchased or the products you are selling today.
We are very excited about this combination. CVS Health and Aetna are joining to become the trusted front door to health care. Nearly 70 percent of the U.S. population lives within three miles of a CVS Health retail store and nearly five million Americans visit CVS Health every day. We will use CVS Health’s 9,700 retail locations to establish entirely new community health hubs dedicated to improving consumer wellbeing and answering questions about health, prescription drugs and heath care benefits.
Our company will deliver care by utilizing CVS Health’s network of 1,100 in-store clinics, which are significantly less expensive than traditional health care delivery settings. Further integration of our pharmacy operations will help offset some of the projected increases in prescription drug prices, resulting in cost savings for employers and consumers.
We expect the transaction to close in the second half of 2018. We will keep you updated about any developments that may be of interest to you as the transaction progresses. In the meantime, we will continue to operate in all respects as independent companies.
Below are FAQs to assist you if you receive questions from your clients. Should you have any questions, please do not hesitate to reach out to your Aetna representative. You can also visit www.Aetna.com for more information.
Thank you for your continued support.
Armando Luna, Jr.
Vice President of Individual Medicare Sales & Distribution
Q&A for your clients
Why is this combination good for consumers?
CVS Health and Aetna are joining to revolutionize the consumer health care experience. Our new company will use CVS Health’s 9,700 retail stores to establish entirely new community health hubs dedicated to improving consumer wellbeing and answering questions about health, prescription drugs and health care benefits.
Will I see any changes in the products and services I get from Aetna as a result of this acquisition?
Your benefits are not changing at this time. Over time as we combine our companies, we expect to offer new services and plans that build on our combined capabilities. We will inform you in advance of any changes so that you can make choices that best meet your health care needs.
Do I now have to fill all my prescriptions at a CVS pharmacy?
Your benefits are not changing at this time. You can continue filling your prescriptions as you do today.
Additional Information: CVS Health to Acquire Aetna