Considering Anthem and Cigna's past behavior, California consumers better prepare themselves for the worst if state regulators don't do the right thing on their proposed merger.
Aliso Canyon will be front and center at an Assembly Utilities and Commerce hearing today. Sen. Fran Pavley's bill, SB 380, would require state officials to immediately institute a moratorium on injections of natural gas into any wells located within and serving the Aliso Canyon storage facility.
The consolidation of the health insurance market continues as DMHC reviews Anthem's proposed acquisition of Cigna. Read those details and more, below.
Will a fast moving legal case end a $10 billion tax dodge by the state's largest health insurance companies? The four companies are not happy, but the state should be.
The best time to have a hearing on another health insurance merger in California is when few in the media are around to prepare for it. So, obviously, California plans another health insurance merger hearing on the Monday after New Year's. Let's hope it is more informative than the last one, though we have our doubts. But the holiday season is also, in political terms, the calm before the legislative storm. The Legislature begins its next session on Jan. 4.
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.