CVS bid for Aetna - A $66 billion bet on cutting drug costs

NEW YORK (Reuters) - The proposed merger between U.S. pharmacy operator CVS Health Corp and No. 3 health insurer Aetna Inc represents a $66 billion (£50.28 billion) bet that insurers can drive down high U.S. drug prices by cutting out the middleman.

from Reuters: Top News http://uk.reuters.com/article/uk-usa-healthcare-insurers/cvs-bid-for-aetna-a-66-billion-bet-on-cutting-drug-costs-idUKKBN1CY0EG?feedType=RSS&feedName=topNews