Anthem

COURT BLOCKS ANTHEM –CIGNA MERGER, DRAWING PRAISE FROM DOCTORS AND REGULATORS

 

By Miriam Raftery

February 11, 2017 (Washington D.C.) — Just two weeks after a court blocked merger of insurance giants Aetna and Humana, the U.S. District Court in Washington D.C. has blocked another major insurance merger. This time, the court halted Anthem’s proposed merger with Cigna, the Wall Street Journal reports.  The court sided with California and 11 other states, as well as the Obama Justice Department, which had argued that the merger would reduce price competition and lower the quality of healthcare.


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ATTORNEY GENERAL KAMALA D. HARRIS JOINS U.S. AND 12 OTHER STATE ATTORNEYS GENERAL IN FILING ANTITRUST LAWSUIT TO BLOCK MERGER OF INSURANCE COMPANIES ANTHEM AND CIGNA

 

Source:  California Department of Justice news release

July 21, 2016 (San Francisco) - Attorney General Kamala D. Harris today announced that California, along with 11 other states and the District of Columbia, has joined the United States Department of Justice in filing a civil antitrust lawsuit to block the proposed $48.3 billion merger of two major insurance companies, Anthem and Cigna.


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ARE PROPOSED HEALTHCARE MERGERS UNHEALTHY FOR CONSUMERS?

 

East County News Service

January 12, 2016 (Sacramento) – Consumer advocates are voicing concerns that mergers of giant health insurance companies proposed in California could lead to higher  insurance costs and fewer  healthcare choices for Californians. If the mergers are approved by regulators, three health insurance companies would control almost half of the U.S. commercial insurance market.


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