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Amazon Could Have Sparked The Merger Between CVS And Aetna

Some claim Amazon's pharmacy licenses could have sparked the $69 billion deal between CVS Health and health insurer Aetna.

Amazon Could Have Sparked The Merger Between CVS And Aetna

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Briana Koeneman

By Briana Koeneman

Posted: 9:37 a.m. EST Dec 4, 2017

In one of the biggest mergers of the year, drugstore chain CVS is buying health insurer Aetna.

And some claim Amazon could have sparked the $69 billion deal.

Back in October, Amazon got approval for wholesale pharmacy licenses in several states, which experts said was further proof of Amazon's likely venture into the drug supply market.

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The very idea reportedly has potential competitors like CVS pretty spooked.

But, as The New York Times notes, the combined forces of CVS and Aetna could be a "formidable figure" if Amazon decides to get into health care.

The deal could help make CVS a one-stop shop for health care. Still, critics worry Aetna customers could be left with fewer options as to where to get care or fill a prescription.

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