CVS and Cigna executives during the annual J.P. Morgan Healthcare Conference discussed consolidation in the insurance sector and the upcoming presidential election, Healthcare Dive reports.
Cigna CEO David Cordani and CVS CEO Larry Merlo during the conference also doubled down on their support of the PBM model, with Cordani adding that Cigna is aiming to create more transparency.
Cordani also said Cigna looks to be active in the upcoming election.
“We believe we have a responsibility to substantively and constructively engage in policy change, so we’re highly interactive in Washington,” he said.
To read the full report on Healthcare Dive, click here.