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CVS Health to split pharmacy chain from health insurance

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This story was selected and curated by our editorial team in the Health policy category. Published on November 4, 2026 • Originally reported by Edward Helmore. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

CVS Pharmacy will be separate from CVS Health, housing major insurer Aetna and benefits manager Caremark

CVS Health, the largest US healthcare conglomerate valued at $117bn, has announced its plans split off its pharmacy chain from its health insurance and benefits businesses, ending an era in which healthcare companies grew into massive conglomerates.

In their announcement on Wednesday, CVS Health said they will split off its 9,000 pharmacies, in-store clinics and mail order prescription business into a business named CVS Pharmacy.

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