The U.S. Justice Department agreed to allow CVS Health’s acquisition of health insurance giant Aetna once Aetna’s Medicare Part D prescription drug plan business for individuals is divested.
Aetna said it will sell its Medicare drug plans to WellCare Health Plans as part of a divestiture to help the insurer win Justice Department approval of its sale to CVS Health.
UnitedHealth Group sent a letter to more than 250 hospitals warning it may drop Envision from its network effective Jan. 1, 2019 if the insurer and the provider of emergency room services cannot come to an agreement.