Earlier today, CVS Health and Aetna announced that Aetna has entered into an agreement to sell its standalone Medicare Part D Prescription business to WellCare Health Plans, Inc., with the sale of those assets to be effective as of December 31, 2018.
This is an important step toward Department of Justice (DOJ) approval of the CVS Health acquisition of Aetna. We continue to expect the CVS Health/Aetna transaction to be completed in the fourth quarter of 2018.
We want to reassure you that SilverScript will maintain its current membership and will not be impacted in any way.
Your SilverScript contract, hierarchy, and compensation are not impacted by this sale.
Our SilverScript team remains focused on the Annual Enrollment Period, and in serving new and existing members with a commitment to great service, care and value. We thank you for your continued support.