Merger

Is Aetna Lazy, or just Greedy?

Submitted by Carmen Balber on Wed, 04/27/2016 - 12:19

The Department of Insurance held a hearing this morning into the proposed $37 billion merger of health insurance giants Aetna and Humana. Aetna is seeking to expand its market share the lazy way by buying up competitors instead of gaining customers the old-fashioned way: by having the best product. 

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

Submitted by Carmen Balber on Thu, 03/31/2016 - 13:14

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.

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Will CA Regulators Protect Anthem And Cigna Or Consumers?

Submitted by Eddie Barrera on Fri, 03/04/2016 - 16:02
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. 
 

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