CVS To Sell Medicare Plan To Win $69B Aetna Deal Clearance

Law360 (October 10, 2018, 11:07 AM EDT) -- The U.S. Department of Justice said Wednesday that it has cleared CVS Health Corp.'s planned $69 billion deal for health insurer Aetna Inc. after the companies agreed to sell off a Medicare prescription drug plan business to WellCare.

CVS Health can move forward with its planned $69 billion deal for health insurer Aetna, after the companies agreed to sell a Medicare prescription drug plan business, the DOJ said Wednesday. (AP) The DOJ said it has reached a settlement with CVS and Aetna that resolves competitive concerns that had been raised over Medicare Part D prescription drug plans. Aetna  agreed last month to...

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