Notice of Public Hearing of CVS Health Corporation’s Proposed Acquisition of Control of Aetna Health of Utah Inc.

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Please take notice that the Utah Insurance Commissioner has received an application from CVS Health Corporation (“CVS Health”), a Delaware corporation, to acquire control of Aetna Health of Utah Inc. (“Aetna Health Utah”), a health maintenance organization domiciled in the State of Utah.  Aetna Health Utah is an indirect wholly-owned subsidiary of, and controlled by, Aetna Inc. (“Aetna”). The acquisition of control will be accomplished pursuant to an Agreement and Plan of Merger, whereby CVS Health would acquire control of Aetna, with Aetna becoming an indirect wholly-owned subsidiary of CVS Health and a direct wholly-owned subsidiary of CVS Pharmacy, Inc., a Rhode Island corporation which is a direct wholly-owned subsidiary of CVS Health.

Pursuant to Utah Insurance Code § 31A-16-103, a public hearing before the Utah Insurance Commissioner regarding the acquisition of control of a Utah domestic insurer or health maintenance organization may be held. The public and all policyholders, enrollees, providers and other affected persons are hereby notified that a public hearing will be held regarding the acquisition of control of Aetna Health Utah by CVS Health on August 17, 2018 at 9:00 a.m. in the Snowbird Room, Room 3112 of the Utah State Office Building, 350 North State Street, Salt Lake City, Utah 84114. During the hearing, the Utah Insurance Commissioner, or his designee, will receive evidence, testimony and oral and written arguments regarding the following issues:

  1. Whether, after the acquisition of control, Aetna Health Utah would not be able to satisfy the requirements for the issuance of a license to write the line or lines of insurance for which it is presently licensed;
  2. Whether the effect of the acquisition of control would substantially lessen competition in insurance in Utah or tend to create a monopoly in insurance;
  3. Whether the financial condition of CVS Health would jeopardize the financial stability of Aetna Health Utah or prejudice the interest of its policyholders or any remaining securityholders who are unaffiliated with CVS Health;
  4. Whether the terms of the acquisition are unfair and unreasonable to the securityholders of Aetna Health Utah;
  5. Whether the plans or proposals CVS Health (if any) has to liquidate Aetna Health Utah, sell its assets, or consolidate or merge it with any person, or to make any other material change in its business or corporate structure or management, are unfair and unreasonable to the policyholders of Aetna Health Utah and are not in the public interest; and
  6. Whether the competence, experience and integrity of those persons who would control the operation of Aetna Health Utah are such that it would not be in the interest of the policyholders of Aetna Health Utah and the public to permit the merger or other acquisition of control.

See Utah Ins. Code § 31A-16-103(8).

ANY ENROLLEE, PROVIDER OR OTHER AFFECTED PERSON IS ENTITLED TO PARTICIPATE IN THE PUBLIC HEARING AND MAY RECEIVE A SUMMARY OF THE CVS HEALTH APPLICATION OR OTHER NON-CONFIDENTIAL MATERIALS ON FILE WITH THE COMMISSIONER BY SENDING A REQUEST IN WRITING AND A COPYING FEE OF $.25/PAGE TO:

Locke Lord LLP
Attn: Tim Farber
111 S. Wacker Drive
Chicago, IL 60606
(312) 443-0532 Direct
tfarber@lockelord.com

ALTERNATIVELY, ARRANGEMENTS TO REVIEW A COPY OF THE NON-CONFIDENTIAL FORM A APPLICATION MATERIALS MAY BE MADE BY CALLING DAN APPLEGARTH AT 801-538-9509.

IF YOU WISH TO PARTICIPATE IN THE PUBLIC HEARING OR ANY PROCEEDINGS PRELIMINARY TO THE PUBLIC HEARING, PLEASE NOTIFY THE COMMISSIONER IN WRITING, AT JILLWHITE@UTAH.GOV, NO LATER THAN THREE CALENDAR DAYS PRIOR TO THE HEARING THAT YOU WANT TO PARTICIPATE. FAILURE TO DO SO MAY AFFECT YOUR PARTICIPATION.

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MinuteClinic Launches New Virtual Care Offering in Seven Additional States

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MinuteClinic Video Visits are available 24 hours a day, seven days a week through the CVS Pharmacy App

WOONSOCKET, R.I. — CVS Health (NYSE: CVS) today announced that MinuteClinic, the company’s retail medical clinic, has rolled out its new virtual health care offering in seven additional states. People with minor illnesses and injuries, skin conditions and other wellness needs can now seek care through MinuteClinic Video Visits, a telehealth offering, in the states of Delaware, Kentucky, Louisiana, Nebraska, Rhode Island, Utah and Vermont. MinuteClinic Video Visits provide patients with access to care 24 hours a day, seven days a week from their mobile device.

“We’re excited to introduce MinuteClinic Video Visits to people in seven additional states,” said Marc-David Munk, MD, MPH, MHCM, Chief Medical Officer, CVS MinuteClinic and Associate Chief Medical Officer, CVS Health. “At CVS Health, we’re committed to delivering high-quality care when and where our patients need it and at prices they can afford. This new MinuteClinic service offers even more patients access to an innovative, on-demand health care option right from their cell phone.” 

MinuteClinic has been testing telehealth as a method of increasing access to care in recent years. During the initial phase of testing, a CVS Health study found that 95 percent of patients who opted to receive a telehealth visit were highly satisfied with the quality of care they received.Polinski, J. M., Barker, T., Gagliano, N., Sussman, A., Brennan, T. A., & Shrank, W. H. (2016). Patients’ Satisfaction with and Preference for Telehealth Visits. Journal of General Internal Medicine, 31(3), 269–275. http://doi.org/10.1007/s11606-015-3489-x  In the same study, 95 percent of patients were satisfied with the convenience of using the telehealth service and the overall telehealth experience. Those results led the company to develop MinuteClinic Video Visits. 

Working collaboratively with Teladoc (NYSE: TDOC), the global leader in virtual care, and leveraging Teladoc’s technology platform, patients can receive care via a MinuteClinic Video Visit, initiated through the CVS Pharmacy app. Patients who opt to seek care through a fully customized MinuteClinic Video Visit experience the same high-quality, evidence-based care they receive at traditional MinuteClinic locations inside select CVS Pharmacy and Target stores.

A video visit can be used to care for patients ages two years and up who are seeking treatment for a minor illness, minor injury, or a skin condition. Each patient will complete a health questionnaire, then be matched to a board-certified health care provider licensed in their state, who will review the completed questionnaire with the patient’s medical history, and proceed with the video-enabled visit.

During a MinuteClinic Video Visit, the provider will assess the patient’s condition and determine the appropriate course of treatment following evidence-based clinical care guidelines. For patients who require a prescription as part of their treatment plan, the provider will submit the prescription to the patient’s preferred pharmacy. If it is determined the patient should be seen in person for follow-up care or testing, the provider will recommend that the patient visit a health care provider in their community, such as their primary care provider or a nearby MinuteClinic location. 

A MinuteClinic Video Visit costs $59, which is currently payable by credit card or debit card. Insurance coverage will be added to the experience in the coming months. The service, first introduced in August 2018, is now available in 16 states - Arizona, California, Delaware, Florida, Idaho, Kentucky, Louisiana, Maine, Maryland, Mississippi, Nebraska, New Hampshire, Rhode Island, Utah, Vermont and Virginia - and Washington D.C. and is expected to be available nationwide, where allowed, by the end of 2018.  

About CVS Health

CVS Health is a pharmacy innovation company helping people on their path to better health. Through its more than 9,800 retail locations, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with approximately 94 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, expanding specialty pharmacy services, and a leading stand-alone Medicare Part D prescription drug plan, the company enables people, businesses and communities to manage health in more affordable and effective ways. This unique integrated model increases access to quality care, delivers better health outcomes and lowers overall health care costs. Find more information about how CVS Health is shaping the future of health at https://www.cvshealth.com.

Media Contacts

Erin Pensa
CVS Health
401-770-4786
Erin.Pensa@cvshealth.com

Amy Lanctot
CVS Health
401-770-2931
Amy.Lanctot@cvshealth.com

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Tobacco-free college campuses

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Hats off to these U.S. colleges and universities who are committed to developing 100% smoke- and tobacco-free campus policies. Since 2016, the CVS Health Foundation, in partnership with the American Cancer Society and Truth Initiative, have provided grants to the following schools to help them advocate for, adopt and implement policies.

Learn more about our Tobacco-Free Generation Campus Initiative and how you can help!


Alabama

Concordia College Alabama
Lawson State Community College
Lurleen B. Wallace Community College
Shelton State Community College
Talladega College
University of West Alabama
Wallace Community College Selma


Alaska

Ilisagvik College
University of Alaska Anchorage


Arizona

Grand Canyon University
Pima County Community College
Mohave Community College


Arkansas

Shorter College


California

Antelope Valley College
Art Center College of Design
Bakersfield College
California State University, Chico
California State University San Marcos
Cerro Coso Community College
Citrus College
City College of San Francisco
Clovis Community College
College of Alameda
College of the Redwoods
Columbia College
Crafton Hills College
Cuesta College
Evergreen Valley College
Foothill College
Gavilan College
Long Beach City College
Los Angeles Valley College
Merritt College
Mills College
Orange Coast College
Oxnard College
Porterville College
Reedley College
Saint Mary's College of California
Santiago Canyon College
Shasta College
Stanford University
University of San Francisco
Ventura College
West Valley College
Whittier College


Colorado

Aims Community College
Arapahoe Community College


Connecticut

Fairfield University
Housatonic Community College
Naugatuck Valley Community College


District of Columbia

Howard University


Florida

Flagler College
Florida Agricultural and Mechanical University
Florida Keys Community College
Florida Memorial University
Indian River State College
Northwest Florida State College
St. Petersburg College


Georgia

Brenau University
Morehouse College
The Interdenominational Theological Center


Hawaii

Chaminade University of Honolulu
Kaua'i Community College
University of Hawaii
University of Hawaii on behalf of Maui College


Idaho

North Idaho College


Illinois

St. Xavier University
University of Illinois at Urbana-Champaign


Indiana

Indiana State University
Indiana University
Indiana University Bloomington
Saint Mary's College


Kansas

Fort Scott Community College


Kentucky

Frontier Nursing University
Western Kentucky University


Maine

York County Community College


Maryland

Anne Arundel Community College
Baltimore City Community College
Loyola University Maryland
St. Mary's College of Maryland
University of Maryland Eastern Shore


Massachusetts

Bay Path University
Massachusetts College of Liberal Arts
Mount Holyoke College
Mount Ida College
Roxbury Community College
Springfield College
Urban College of Boston


Michigan

Alma College
Davenport University
Ferris State University
Oakland University
University of Michigan
Walsh College
West Shore Community College


Minnesota

Gustavus Adolphus College
Minnesota State University, Mankato


Mississippi

Alcorn State University
Coahoma Community College
Hinds Community College, Utica Campus
Jackson State University
Mississippi Valley State University
Rust College
Tougaloo College
University of Mississippi
University of Southern Mississippi


Missouri

University of Missouri


Montana

Great Falls College – Montana State University


Nebraska

Metropolitan Community College
Western Nebraska Community College


Nevada

Truckee Meadows Community College
Western Nevada College


New Hampshire

Dartmouth College
University of New Hampshire


New Jersey

Bergen Community College
Montclair State University
New Jersey City University
Rowan University
William Paterson University of New Jersey


New Mexico

San Juan College
Santa Fe Community College


New York

Dominican College
Finger Lakes Community College
Herkimer County Community College
Mercy College
Nassau Community College
Nazareth College of Rochester
North Country Community College
Onondaga Community College
St. Francis College
St. John's University
St. John Fisher College
State University of New York - Sullivan
SUNY Potsdam
University at Albany, SUNY


North Carolina

Alamance Community College
Bladen Community College
Duke University
East Carolina University
Fayetteville State University
Isothermal Community College
Lenoir-Rhyne University 
North Carolina A&T University
North Carolina Central University
Piedmont Community College
Pitt Community College
Robeson Community College
Saint Augustine's University
Shaw University
University of North Carolina Wilmington
Winston Salem State University


Ohio

Blue Ash College, University of Cincinnati
Bowling Green State University
Cuyahoga Community College
Lorain County Community College
Terra State Community College
University of Cincinnati
University of Dayton
University of Findlay
Wilberforce University


Oklahoma

College of Allied Health


Oregon

Oregon State University
Treasure Valley Community College


Pennsylvania

Bryn Mawr College
Chatham University
Cheyney University
Community College of Allegheny County
Community College of Philadelphia
Gannon University
Lackawanna College
Lincoln University
Penn State University 
Temple University
University of Pennsylvania 
University of Pittsburgh
Westmoreland County Community College


Rhode Island

University of Rhode Island


South Carolina

Allen University
Benedict College
South Carolina State University
Technical College of the Lowcountry
Wofford College


South Dakota

South Dakota State University


Tennessee

East Tennessee State University
Lane College
Meharry Medical College
Tennessee State University
University of Tennessee, Chattanooga
University of Tennessee, Knoxville


Texas

Alvin Community College
El Paso Community College
North Lake College
Prairie View A&M University
South Texas College
Southwestern Christian College
Texas A&M University - Corpus Christi
Texas Christian University
Texas College
Texas Southern University
University of Texas at Dallas


Utah

Salt Lake Community College
Southern Utah University
University of Utah Health Sciences
Weber State University


Vermont

Green Mountain College
Johnson State College
Vermont Technical College


Virginia

Hampton University
Norfolk State University
University of Richmond
Virginia Commonwealth University
Virginia Tech
Virginia Union University
Virginia University of Lynchburg


Virgin Islands

University of the Virgin Islands


Washington

Columbia Basin College
Pierce College
Whitworth University


Wisconsin

Concordia University Wisconsin
Marquette University
St. Norbert College
University of Wisconsin - Milwaukee


West Virginia

Bluefield State College
Concord University
Eastern West Virginia Community College
Shepherd University
West Virginia State University

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