1. Health Strategies Group
11/15/2018
Health Strategies Group
Author/Artist
Walmart’s Acquisition of Humana Further Strengthens the Capabilities of Retailers in Health Care
The Walmart-Humana combination would parallel CVS-Aetna, including over 4,000 pharmacies in the U.S., the second-highest Medicare Advantage plan enrollment, and Humana's internal PBM business.
Humana Provides Walmart with Second-Largest Medicare Advantage Plan Enrollment in U.S.
(Percentage 42.5 million Medicare lives)
BCBS of MI
UnitedHealth Group
Humana + Walmart
Aetna +
CVS Health
Cigna +
Express Scripts
Kaiser
WellCare
Anthem
All others
Note: Medicare lives excludes MA-only lives.
Source: April 2017 CMS enrollment data. Accessed May 2017; company reports. Accessed March 2018;
Health Strategies Group, Leading Health Plans and PBMs, April 2018.