Tag Archives: Aetna

DOJ Approves $69 Billion Merger Of CVS And Aetna

CNBC reports: The Department of Justice gave conditional approval Wednesday for CVS Health’s acquisition of insurer Aetna, cementing a deal that could transform how U.S. consumers access health care. The two companies cleared their path to approval when Aetna announced Sept. 27 that it reached an agreement to sell its Medicare Part D drug plan business to WellCare Health Plans ...

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Aetna To Pay $17 Million For HIV Disclosures

STAT News reports: Health insurer Aetna has agreed to pay $17 million to settle claims that it breached the privacy of thousands of customers who take HIV medications. Attorneys for the plaintiffs announced the settlement Wednesday in Philadelphia. Court documents say the Hartford, Conn.-based company sent a mailing in envelopes with large, clear display windows that revealed confidential HIV information. ...

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CVS Health To Buy Aetna In $69 Billion Deal

The Washington Post reports: Pharmacy giant CVS Health has agreed to buy Aetna in a $69 billion blockbuster acquisition that could rein in health care costs and transform its 9,700 pharmacy storefronts into community medical hubs for primary care and basic procedures, people familiar with the deal said Sunday. The pharmacy chain agreed to buy Aetna for about $207 per ...

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Aetna Hit With Class Action Suit Over HIV Disclosures

STAT News reports: Legal groups on Monday filed a class-action lawsuit against the health insurer Aetna, alleging the company violated the privacy of its customers by sending many of them letters through which the phrase “filling prescriptions for HIV” was visible through envelope windows. The federal suit alleges the breach affected as many as 12,000 Aetna customers living in 23 ...

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Aetna Envelopes Reveal Patients’ HIV Status

STAT News reports: Thousands of people with HIV received mailed letters from Aetna last month that may have disclosed their HIV status on the envelope. The letters, which Aetna said were sent to approximately 12,000 people, were meant to relay a change in pharmacy benefits. Text visible through a small window on the envelopes listed the patients’ names and suggested ...

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REPORT: Aetna Is Leaving Most Obamacare Exchanges To Punish Feds For Blocking Merger With Humana

The Huffington Post reports: The big health care news this week came from Aetna, which announced on Monday it was dramatically scaling back participation in the Affordable Care Act ― thereby reducing insurer competition and forcing customers scattered across 11 states to find different sources of coverage next year. Aetna officials said the pullout was necessary because of Obamacare’s problems ...

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