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Friday, March 30, 2018

WSJ: Walmart weighs buy of Medicare giant

A year after Aetna abandoned a bid to acquire Louisville, Ky.-based Humana, Walmart is in discussions to acquire the latter health insurer, according to a Wall Street Journal report citing unnamed sources. Among pharmacies, Walmart trails only CVS Caremark and Walgreens, with Woonsocket, R.I.-based CVS in the process of acquiring Hartford-based Aetna for $69 billion to add an insurance arm. In early March, Bloomfield-based Cigna reached a $54 billion deal to acquire the pharmacy benefits manager Express Scripts. In Connecticut, Humana sells Medicare supplemental insurance as well as policies covering dental and vision care. Alex.Soule@scni.com; 203-842-2545; @casoulman

from Business https://www.ctpost.com/business/article/WSJ-Walmart-weighs-buy-of-Medicare-giant-12793582.php

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