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Market Impact: 0.2
Here's how CVS' breakup of its pharmacy and insurance empire could affect consumers
Source: nypost.com
M&A & RestructuringHealthcare & BiotechConsumer Demand & RetailCompany Fundamentals
CVS decided to separate its retail pharmacies from its insurance and pharmacy-benefit operations, prompting hopes that the move could reduce consumer costs. The article provides no savings estimate or evidence that prices have fallen; Americans continue to face a high cost of living.
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