News Releases

NCPA CEO Statement on Final Approval of CVS-Aetna Merger

by NCPA | Sep 05, 2019

ALEXANDRIA, Va. (Sept. 5, 2019) —In a statement, National Community Pharmacists Association CEO B. Douglas Hoey, pharmacist, MBA, says he is disappointed by U.S. District Court Judge Richard Leon's final approval of the CVS-Aetna merger:

"Community pharmacists strongly disagree with Judge Leon's conclusion and will continue urging policymakers and regulators to end pharmacy benefit manager tactics that hinder medication access and affordability and stifle competition. When it comes to health care, we aren't convinced that ‘bigger' is better for patients or health outcomes. We remain concerned that this consolidation will deprive patients of choice, convenience, and personalized quality care, concerns we expressed to the Justice Department, the Federal Trade Commission, numerous state officials, and to Judge Leon."

NCPA raised a multitude of competitive concerns since the CVS-Aetna merger was announced, including in Dec. 2018 comments to Judge Leon.

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Founded in 1898, the National Community Pharmacists Association is the voice for the community pharmacist, representing 22,000 pharmacies that employ 250,000 individuals nationwide. Community pharmacies are rooted in the communities where they are located and are among America's most accessible health care providers. To learn more, visit www.ncpanet.org.