Anthem Cigna merger News

New York Regulator Has ‘Significant Concerns’ About Anthem-Cigna Merger

New York’s insurance regulator has “significant concerns” about Anthem Inc.’s proposed $48 billion acquisition of rival health insurer Cigna Corp. and will hold a hearing to address them before deciding whether to approve the deal. The state Department of Financial …

U.S. Expected to Sue to Stop Anthem, Aetna Deals

U.S. antitrust officials are poised to file lawsuits to block Anthem Inc.’s takeover of rival health-insurer Cigna Corp. and Aetna Inc.’s deal to buy Humana Inc., according to a person familiar with the matter. Justice Department officials, who are responsible …

Insurer Competition Vital for Healthcare Consumers: U.S. Health Official

The Obama administration’s top health official highlighted the importance of competition to insurance markets, as the Justice Department is poised to decide on two massive deals among four of the health-plan industry’s biggest players. Health and Human Services Secretary Sylvia …

Health Insurer Merger Interest Could Turn to Smaller Plans

A breakup of Anthem Inc.’s $48 billion bid for Cigna Corp., under scrutiny by U.S. antitrust regulators, could spark new deals for smaller health plans in a continued wave of industry consolidation. Smaller insurers could become targets for Cigna, including …

Meeting with Antitrust Official Key Moment for Anthem-Cigna Merger

Anthem Inc. and Cigna Corp. are preparing for a showdown with senior Justice Department officials this week in their effort to persuade the government to allow the health insurers to combine, lest they wind up dueling in court over a …

Democratic Senators Oppose Health Insurer Mergers

Seven Democratic senators urged the U.S. Justice Department on Wednesday to block two mergers of major health insurance companies, saying that the proposed deals would mean higher premiums and lower-quality healthcare for consumers. The department is reviewing Aetna Inc.’s $33 …

Connecticut Ethics Board to Weigh Possible Insurance Commissioner Conflict in Cigna-Anthem Oversight

Connecticut’s Citizens Ethics Advisory Board has agreed to review whether the state’s insurance commissioner should recuse herself from overseeing Anthem Inc.’s proposed merger with Bloomfield-based Cigna. Connecticut Common Cause is among the several advocacy groups and state legislators that want …

Cigna Cautions That Anthem Merger May Not Happen in 2016

Cigna Corp.’s acquisition by health insurance rival Anthem Inc. may not be approved this year, Cigna said Friday in a regulatory filing. Shares of both companies declined. An analyst said the delay could be a sign of trouble for the …

Health Insurers Next on Justice Department’s Antitrust Agenda

Bill Baer was the ultimate Washington antitrust insider when he came to the Justice Department in 2013: At law firm Arnold & Porter LLP, he’d counseled the biggest U.S. companies, including deal machine General Electric Co., on getting mergers over …

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 …