Yesterday, CVS, a drugstore chain, announced that they would be buying Aetna, an insurance company, for about $69 billion. Their goal is to be able to provide lower cost medical services in pharmacies. Imagine going into a pharmacy where there are no longer aisles or products.
Those pharmacies could instead focus on providing services including vision, hearing and nutrition. It would not be limited to just flu shots or picking up prescriptions. This also means that CVS can start creating different health care delivery approaches. They can experiment with home delivery system or telemedicine. The patients can benefit from it by saving money instead of going to the emergency room (ER).
The deal still has to be approved by regulators. They have to decide if this merger benefits the consumers and does not harm other companies.