Walmart talks about buying Humana

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The Wall Street Journal released yesterday that Walmart, Inc. is in the early stages of discussion to acquire Humana, Inc. The two have been working together since 2010, selling low-cost prescription drug plans to medicare beneficiaries. One report states, “for Walmart, which operates thousands of pharmacies in its stores, the logic of buying an insurer could be similar to drugstore chain CVS’s plan — gaining more leverage in negotiations with drug companies by taking up a bigger share of purchasing power for pharmaceuticals.” This merge may allow Walmart to offer healthcare to the public at low-cost while being readily accessible.  Read more from USA TODAY by clicking here.

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Posted in Company Information, Industry News, Legislative News, Medicare Advantage/Part D Prescription, Medicare Information