health insurance antitrust News

Top Insurance Regulatory Developments of 2020: Part 2

This is the second installment of a two-part look at the top 10 insurance regulatory developments of 2020 by attorneys at Locke Lord. The first part on Jan. 22 covered COVID-19, Insurtechs, Data Privacy, Race Equality and Pharmacy Benefit Managers. …

Justice Department to Review Cigna’s Bid to Buy Express Scripts

Cigna Corp. confirmed that its proposed $54 billion acquisition of Express Scripts Holding Co. will be reviewed by the U.S. Department of Justice, which has raised the bar for approving deals that don’t combine direct competitors. The health insurer has …

Judge May Split Anthem-Cigna Merger Trial into Two Parts

The judge who will rule on whether the government may stop health insurer Anthem from buying competitor Cigna said Friday that she was considering splitting the trial into phases. Judge Amy Berman Jackson of the U.S. District Court for the …

Virginia to Hold Hearing on Anthem’s Proposed Acquisiton of Cigna

Virginia’s State Corporation Commission (SCC) announced that it will hold a public hearing in May to consider the competitive impact of Anthem Inc.’s proposed acquisition of Cigna Corporation and its subsidiaries. As part of that merger, the SCC must consider …

Hospitals Say Anthem-Cigna Merger Will Empower Blue Cross, Hurt Consumers

U.S. hospitals are stepping up their bid to stop Anthem Inc.’s takeover of rival health insurer Cigna Corp., saying the deal will increase the dominance of Blue Cross Blue Shield plans and potentially raise premiums for consumers. The enhanced bargaining …

Pending Mergers Will Harm Health Insurance Competition: AMA

The nation’s doctors say the proposed mergers among four of the nation’s largest health insurance companies would violate federal antitrust guidelines and seriously erode health insurance competition. According to new special analyses of commercial health insurance markets issued today by …