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AMA issues statement regarding Aetna CVS merger

AMA issues statement regarding Aetna CVS merger

December 6, 2017

The American Medical Association (AMA) has provided the following statement, attributed to David O. Barbe, M.D., M.H.A., president of the  AMA, in response to inquiries related to the Aetna CVS merger.

“This proposed $69 billion transaction - one of the largest merger deals in the history of American health care - would have long-term impact on the markets for health insurance and pharmaceutical benefit management services. These markets are already dominated by few participants with large market shares, including Aetna in health insurance and CVS in pharmaceutical benefit management. The AMA is committed to reviewing all issues triggered by this proposed merger to preserve the benefits of competition, including increased access and choice, lower prices and higher quality care for patients.”

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