Bloomberg Law
Feb. 28, 2018, 2:49 PM UTC

CVS-Aetna Merger Looks to Expand Role of Pharmacists

Alex Ruoff

Combining one of the country’s largest pharmacy companies with a major insurer will expand the role of pharmacists, putting those filling prescriptions at the forefront of the fight to lower health costs, executives with CVS Health Corp. and Aetna told lawmakers Feb. 27.

The two companies defended their proposed $67.5 billion merger to lawmakers on the House’s antitrust panel as a way to reduce insurance costs for Aetna beneficiaries by pushing CVS pharmacists to offer more advice to those filling prescriptions. The executives were also careful to blame drugmakers for the rising cost of prescription medications over pharmacy middlemen.

“The ...

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