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AMA: Aetna-CVS Merger Should Be Blocked

  • Forbes, Wednesday, June 20, 2018 8 AM

After months of review, the American Medical Association said state and federal regulators should block the acquisition of Aetna by CVS Health, saying the creation of a new healthcare giant would lead to higher prices and too much control of seniors' Medicare drug plans. The AMA's announcement is a surprising blow to drugstore chain CVS' $69 billion effort to takeover Aetna, the nation's third-largest health insurer.

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