Assemblyman Anthony Brindisi has teamed up with concerned local pharmacists to ask the U.S. Department of Justice to block a merger between CVS Health and insurance company Aetna.
Brindisi says the merger would create an entity too large to effectively regulate, and he believes it could set off a domino effect of negative consequences for local consumers.
Representatives for Parkway Drugs in north Utica say that such mergers can give rise to monopolies, which might bode well for investors but not for customers and small, locally-owned pharmacies.
“So this means CVS will have control over a patient's health insurance premium, copays, deductibles, choice of pharmacy, choice of physician or hospital, and nearly all healthcare decisions made under one roof,” said Vincent Chiffy of Parkway Drugs. “This is truly the fox guarding the hen house.”
If you’d like to send a letter to the Department of Justice asking them to block the merger, click here.
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