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Bruce Newbury
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1540 Updates

AMA Opposes CVS-Aetna Merger

The American Medical Association is urging regulators to reject the proposed merger of Woonsocket-based CVS and Aetna insurance.  The AMA says its opposition is based on evidence that the merger would substantially lessen competition in many health care markets, to the detriment of patients. The president of the AMA announced the opposition earlier this week at a hearing on the proposed deal before the California Department of Insurance.



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