Tag Archives: Amazon

Former Aetna CEO Mark Bertolini talks about CVS, the Amazon experience and how insurers stay relevant

The $ 69 billion purchase of Aetna helped CVS Health boost third quarter net income by 10% compared to the prior year. The difference was primarily due to higher operating income from the impact of the Aetna acquisition close to a year earlier, CEO and President Larry Merlo said. It was an acquisition put in… Read More »

Prescription Drugs: From Costs and Bad Reputation to Civica Rx and Amazon to the Rescue

The prices of medicines prescribed in outpatient settings rose, on average, 10.3% in 2018. Wages increased about 2.6%, and consumer prices, 1.3%, based on the 2019 Segal Health Plan Cost Trend Survey. Segal forecasts that medical cost trends will moderate for 2019, lower than 2018 rates. But to the patient, now feeling like a consumer… Read More »