CVS Health’s Housing Investments Reach $114 Million As Insurers Address Social Determinants

183475

CVS Health said it invested $114 million in affordable housing in 2020. In this photo, CVS Pharmacy … [+] Technician Leslie Carnejo, left, talks to RN Claire Karas after receiving the COVID-19 vaccine at a CVS in East Boston on Feb. 12, 2021. Some CVS locations began to offer COVID-19 vaccinations to eligible recipients beginning Feb. 12 at select locations in Rhode Island and Massachusetts through a new partnership with the federal government, the company confirmed Thursday. (Photo by Erin Clark/The Boston Globe via Getty Images)

Boston Globe via Getty Images

CVS Health invested more than $114 million in affordable housing last year to address social determinants of health as insurers intensify strategies to reduce costs and improve outcomes beyond covering traditional medical treatments.

In an announcement Tuesday, CVS said the company’s investments over the past year “will lead to the construction and rehabilitation of more than 2,800 affordable housing units in 30 cities, across 12 states.”

The housing initiative, which dates prior to CVS’ purchase of the health insurer Aetna, comes as rival health plans that include Anthem, Centene, Cigna, Humana and UnitedHealth Group are increasingly investing in an array of services and capital projects to address social determinants from food insecurity and loneliness to homelessness…

Want to know more click here go to source.

From -
Close
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close