Aetna has 2.2 million Medicare drug members. Photo: Rob Kim/Getty Images

Aetna announced Thursday that it will sell its Medicare prescription drug plan business to WellCare Health Plans. Financial terms were not disclosed, although Aetna said in a disclosure that the purchase price was not material.

Why it matters: This divestiture is dependent on antitrust officials signing off on CVS Health's takeover of Aetna — meaning CVS and Aetna believe this sale will resolve any antitrust concerns and foreshadows imminent federal approval.

By the numbers: Aetna has 2.2 million members in standalone Medicare Part D drug plans. A combined CVS-Aetna would have more than 8 million Medicare drug members, or close to one-third of the market based on the latest federal data. The Part D overlap has been viewed as an antitrust concern since the deal was first announced.

  • While Aetna's divestiture likely leads to federal approval, consumer advocates say they are still worried about whether CVS will impede competition with its health insurance and pharmacy benefits management under one roof, and whether CVS will force other insurers to drive business toward its own retail stores and pharmacies.

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Trump commutes Roger Stone's sentence

Roger Stone arriving at his sentencing hearing on Feb. 20. Photo: Drew Angerer/Getty Images

President Trump on Friday evening commuted the sentence of his longtime associate Roger Stone, according to two senior administration officials. Stone in February was sentenced to 40 months in prison for crimes including obstruction, witness tampering and making false statements to Congress.

Why it matters: The controversial move brings an abrupt end to the possibility of Stone spending time behind bars. He had been scheduled to report to prison on July 14.

Updated 6 hours ago - Health

Which states have set single-day coronavirus records this week

Data: COVID Tracking Project and state health department data compiled by Axios; Map: Danielle Alberti and Naema Ahmed/Axios

13 states this week surpassed records set just last week for their highest number of coronavirus infections in a single day, according to the COVID Tracking Project and state health department data. 16 states in total reported new highs.

The big picture: The United States' alarming rise in coronavirus cases isn't just due to increased testing — particularly where the number of cases has grown fastest over the last month, Axios' Andrew Witherspoon and Caitlin Owens report.

Updated 6 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 6:30 p.m. ET: 12,389,660 — Total deaths: 557,279 — Total recoveries — 6,830,596Map.
  2. U.S.: Total confirmed cases as of 6:30 p.m. ET: 3,169,611 — Total deaths: 133,885 — Total recoveries: 983,185 — Total tested: 38,856,341Map.
  3. Public health: The reality of the coronavirus bites.
  4. Trade: Trump says he's no longer considering phase-two trade deal with China because the pandemic damaged the two countries' relationship.
  5. 🎧 Podcast: Rural America has its own coronavirus problem.