Aetna is defending a Medicare Advantage plan for retired New York City employees in court, and parent company CVS Health is sparring with Cigna over an executive's noncompete agreement.
Here are seven updates about Aetna and parent company CVS Health Becker's has reported since June 5.
- CVS Health and former Cigna executive Amy Bricker are appealing a St. Louis federal judge's decision to grant a preliminary injunction barring her from working for CVS while a lawsuit over her noncompete clause moves forward.
- The nation's retail pharmacy giants are playing an important role in Medicaid redeterminations through payer-agnostic outreach and education initiatives aimed at customers and employees in all 50 states. Here's how CVS Health and Walgreens are educating consumers about the process.
- New York City Mayor Eric Adams is overriding the city comptroller's attempt to block the implementation of its contract with Aetna to administer a Medicare Advantage plan for 250,000 city retirees.
- CVS Health has grown from a single store to a healthcare giant, operating pharmacies, a major insurer and primary and home care clinics, including acquiring Aetna in a $70 billion deal in 2018. Here are 50 things to know about CVS Health and its subsidiaries.
- Oklahoma awarded three payers, including Aetna, its first Medicaid managed care contracts.
- A federal judge in North Carolina certified class action status June 5 in a lawsuit alleging Aetna and OptumHealth Care Solutions conspired to use "dummy code" to make administrative fees appear to be billable medical charges.
- Kyu Rhee, MD, joined the medical advisory board at Found, which offers a virtual weight loss program, including GLP-1 prescriptions. Dr. Rhee served as Aetna's chief medical officer at CVS Health from 2021 to earlier this year.