Greg's Corner

Is retail’s venture into healthcare dangerous?

The Wall Street Journal is reporting that retail giant Walmart may be in talks to acquire one of the nation’s leading health insurers in Humana. If the acquisition talks were to be true, this would just be the latest in a series of talks between retail outlets and healthcare providers, but is it a good trend?

Currently, pharmacy chain CVS is in talks to purchase Aetna, and Amazon has been looking to get into the pharmacy management business. With these acquisitions are we headed to a future if a healthcare cabal where only a few corporations can control reimbursement rates? It does seem to appear that way.

With retail heading towards a duopoly between Walmart and Amazon these two companies once again are showing signs of trying to be all things to all people by also trying to control healthcare. If this trend continues, we may be seeing a single payer healthcare system in our future, but not one administered by the government for all citizens but rather by the profit driven iron fist of a possible single corporate entity for only those who could possibly afford it.