By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    benefits of using protein powder to build muscles
    Protein Powder for Muscle Mass: Everything You Need to Know
    December 12, 2021
    changes brought on by blockchain in healthcare
    Technology In The Healthcare Industry
    March 28, 2022
    What Does Core Body Temperature Say About Health?
    August 17, 2022
    Latest News
    7 Most Common Healthcare Accreditation Programs: Which Should You Use?
    August 20, 2025
    Hospital Pest Control and the Fight Against Superbugs
    August 20, 2025
    Hygiene Beyond The Clinic: Attention To Overlooked Non-Clinical Spaces
    August 13, 2025
    5 Steps to a Promising Career as a Healthcare Administrator
    August 3, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    Do Electronic Health Records Reduce Malpractice Claims?
    February 2, 2013
    A Humble Opinion: Book Review
    May 3, 2015
    medicaid
    Paul Krugman: Stop Being an Embarrassment to the Profession
    March 7, 2013
    Latest News
    How Social Security Disability Shapes Access to Care and Everyday Health
    August 22, 2025
    How a DUI Lawyer Can Help When Your Future Health Feels Uncertain
    August 22, 2025
    How One Fall Can Lead to a Long Road of Medical Complications
    August 22, 2025
    How IT and Marketing Teams Can Collaborate to Protect Patient Trust
    July 17, 2025
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Aetna and CVS Brand a Prescription Drug Plan
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Aetna and CVS Brand a Prescription Drug Plan
Business

Aetna and CVS Brand a Prescription Drug Plan

BarbaraDuck
BarbaraDuck
Share
4 Min Read
SHARE

We all know that pharmacies collect and sell our data and perhaps by attracting more Aetna customers more data can be collected in a easier fashion by offering discounts and then too there’s the monthly fee that generates revenue. 

We all know that pharmacies collect and sell our data and perhaps by attracting more Aetna customers more data can be collected in a easier fashion by offering discounts and then too there’s the monthly fee that generates revenue. 

The $4 generics still work pretty good for me and I’m not an Aetna member.  I remember when working close with doctors how they get grilled when the patient’s trail of not filling a prescription was a bit point of conflict at times as the HMOs would sometimes drill the doctor on why the patient didn’t fill a prescription when in fact they did and paid cash at Target. 

When Pay for Performance and $4.00 Generic Prescriptions Hit the Wall

We have all watched in the news how United has buddied up to Walgreens so I guess it’s CVS and Aetna’s turn.  No word on any pay for performance yet for CVS pharmacists.  Walgreens recently started getting liquor licenses too for their stores where they could sell it they make just under $800 million a year on selling data so I don’t know what CVS makes but this make one wonder if providing drugs is a sideline business to collecting data doesn’t it?

More Read

What Healthcare Needs to Know About Google’s Mobile-Friendly Algorithm Update
Improve Document Security in the Face of ICD-10: A HIPAA Checklist
Digital Radiology Comes of Age
What Google’s New Adwords Update Means for Medical Marketers
Are Electronic Medical Records Really Causing a Crisis?
UnitedHealthCare To Use Data Mining Algorithms On Claim Data To Look For Those At “Risk” of Developing Diabetes – Walgreens and the YMCA Benefit With Pay for Performance Dollars to Promote and Supply The Tools

Both drug store chains have lawsuits going over their selling of data too, so all in the same boat here.  BD 

Walgreens And CVS Accused of Selling Customer Prescription Data in 2 Separate Law Suits-Sales for Marketing Data Continues and the Data Bases Gets Larger with Technology

 

HARTFORD, Conn.–(BUSINESS WIRE)–Aetna (NYSE: AET) and CVS/pharmacy today announced the launch of a new co-branded Medicare prescription drug plan. The new Aetna CVS/pharmacy Prescription Drug Plan (PDP) is available in 43 states and Washington, DC and offers Medicare beneficiaries outstanding value along with access to experienced CVS pharmacists and the convenience of shopping at their own neighborhood CVS/pharmacy.

The plan offers a $26 monthly plan premium and has no deductible for generic drugs. Medicare beneficiaries who sign up for this plan and fill their prescriptions at a CVS/pharmacy will realize savings on their out-of-pocket prescription drug costs. By filling prescription drugs at a CVS/pharmacy, as compared to a non-preferred network pharmacy, plan members will:

  • pay a low $3 copayment for preferred generic prescriptions; and
  • save $10 on copayments for non-preferred generic and preferred brand prescriptions.

“We are committed to providing value to our Medicare beneficiaries, and this new plan is not only affordable, it increases our members’ access to one of the premier pharmacy chains in the United States,” said John Chomeau, head of Aetna Medicare. “With 75 percent of the U.S. population in the markets in which CVS/pharmacy operates living within 3 miles of a CVS drugstore, Medicare beneficiaries will have convenient access to the prescription drugs they need through this plan.”

http://www.businesswire.com/news/home/20111003006300/en/Aetna-CVSpharmacy-Team-Offer-Co-Branded-Medicare-Prescription

 


TAGGED:healthcare insurancepharmaceuticals
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

engineer fitting prosthetic arm
How Social Security Disability Shapes Access to Care and Everyday Health
Health care
August 20, 2025
a woman explaining the document
How a DUI Lawyer Can Help When Your Future Health Feels Uncertain
Public Health
August 20, 2025
physiotherapist at work
How One Fall Can Lead to a Long Road of Medical Complications
Health care
August 20, 2025
Common Healthcare Accreditation Programs
7 Most Common Healthcare Accreditation Programs: Which Should You Use?
Health News
August 20, 2025

You Might also Like

Medicare Advantage Redux

March 24, 2011

Health Insurance is Expensive; I’m Glad Folks are Finally Learning the Truth

December 1, 2012
Sourcing Strategies: Choosing Suppliers For Your Dental Practice
Business

Sourcing Strategies: Choosing Suppliers For Your Dental Practice

January 12, 2020
medical billing
BusinessFinanceHospital Administration

The Pros and Cons of Outsourcing Medical Billing

September 11, 2014
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?