Business Standard

Walmart in talks with Humana for deeper partnership but deal said unlikely

Walmart and Humana have explored a wide range of options including a merger

Walmart
Premium

Bloomberg
Walmart Inc. is in talks with health insurer Humana Inc. for a closer partnership to provide health care to consumers at home and prevent illness, according to a person familiar with the matter.

Health-care spending accounted for about 18 percent of the US economy last year, and continues to surge with an aging population, pricey medications, and a complex regime of reimbursements and middlemen. Companies have been trying to address some of the market’s inefficiencies by forging alliances or getting bigger: Cigna Corp. is acquiring Express Scripts Holding Co. for $54 billion, and CVS Health Corp. is buying Aetna Inc. for

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 30 2018 | 8:02 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com