How CVS buying Aetna could affect you

GRAND RAPIDS, Mich. (WOOD) — Drugstore company CVS’ purchase of Aetna, one of the largest insurance agencies in the country, could set a new model for streamlined health care, a West Michigan pharmacist says.

Speaking to CNBC Monday, CVS Caremark President & CEO Larry Merlo said bringing the companies together will “create a new health care platform that can be easier to use and less expensive for consumers and really create a new front door to health care in our country.”

Mike Koelzer, the owner of Kay Pharmacy in Grand Rapids, said the pharmaceutical and health insurance industries have been intertwined for years. He’s not fazed by the about $69 billion deal between CVS and Aetna and thinks there may be similar moves in the future.

Full Story via WOODTV