Aetna
A major U.S. health insurer, acquired by CVS Health in 2018. Central to vertical integrationVertical IntegrationA corporate structure in which a single entity owns multiple layers of the healthcare delivery chain β insurer, pharmacy benefit manager, pharmacy, and physician group β creating sβ¦ concerns: CVS simultaneously owns Aetna (insurance), CVS Pharmacy, and CVS Caremark (PBMPBM β Pharmacy Benefit ManagerA Pharmacy Benefit Manager (PBM) is the intermediary that administers prescription-drug benefits for health plans and employers β deciding which drugs a plan covers, negotiating reβ¦).
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