Submitted by Eddie Barrera on Thu, 03/24/2016 - 11:50
Did California regulators' approval of the Centene and Health Net merger give a preview of how reviews of Anthem's proposed consolidation with Cigna will go down? Let's hope not. Conditions for Health Net were a world away from what regulators will find in the Anthem-Cigna deal. (More on those hearings here.)
Submitted by Eddie Barrera on Sun, 12/13/2015 - 09:25
Let's hope that the state's Department of Managed Health Care (DMHC) is tougher on Centene and Health Net and their proposed merger than it was at a recent public meeting.
In a letter sent to the DMHC, Consumer Watchdog urged the agency to prohibit Centene from shuttering any of Health Net's commercial plans, require it to upgrade any physician network issues and prevent executives from removing any reserves from California to pay for lavish compensation packages related to the deal.