Walmart Has an Edge on Walgreens in New Primary Care Battlefront
The ever-rising cost of healthcare insurance has forced significant changes in how it is purchased by consumers as well as the companies that offer it to their employees.
To fully appreciate this, just take a look at the cooperation between Amazon, JPMorgan Chase, and Berkshire Hathaway that first took shape back in 2018. The trio of corporate giants banded together to eventually build something like an HMO-style, primary care insurance plan for their workers. That same year, CVS Health acquired health insurer Aetna, then announced in 2019 it would be building 1,500 new HealthHUBs at existing drugstores to deliver more primary care services.
In each case, the end goal was the reduction of total costs for care via the elimination of at least some middlemen. And these once unlikely measures meant to combat healthcare's rising prices don't seem to be ending soon.
Source Fool.com