Department of Insurance

Execs Can't Explain How Consumers Benefit From Anthem-Cigna Merger

Yesterday in San Francisco, Anthem VP Jay Wagner and Cigna’s Tom Richards refused to commit to price reductions for California consumers if the $54 Billion deal for Anthem to buy Cigna is approved.

In fact, Anthem and Cigna’s executives could not provide any concrete examples of how the Anthem-Cigna merger would benefit consumers at the four-hour hearing into the merger I attended at the Department of Insurance.

Was Health Net-Centene Merger Approval A One-Off, Or Tone-Setting for Anthem, Aetna Deals?

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.)  
 

Capitol Watchdog: Upcoming Meetings to Watch

Inadequate physician networks and out-of-network billing have cast an ugly shadow over the expanding healthcare market as more people have access to healthcare. Next Monday, the Department of Insurance will hold a hearing on new proposed regulations covering network adequacy and out-of-network billing in emergency services. 

Capitol Watchdog is owned and operated by nonprofit Consumer Watchdog. For more information about Consumer Watchdog visit http://www.consumerwatchdog.org

 
 

Privacy Policy

  • Tel: 310-392-0522
  • Email: Contact [AT] CapitolWatchdog.org