News Headlines Article

Advocates Urge Calif. Regulators To Scrutinize Health Plan Mergers
California Healthline

Consumer advocates are urging California regulators to closely scrutinize proposed mergers between some of the nation’s largest health insurers, the Los Angeles Times reports (Terhune, Los Angeles Times, 1/11).

Background
In July 2015, Anthem announced that it agreed to acquire Cigna for $48.4 billion. The combined company would have about 53 million customers, which would make it the nation’s largest insurer in terms of enrollment (California Healthline, 11/12/15). It also would become the largest health insurer in California, surpassing Kaiser Permanente (Los Angeles Times, 1/11).

Also in July 2015,Aetna announcedit reached a $37 billion deal to purchase Humana, which could make Aetna the nation’s second-largest insurer (California Healthline, 11/12/15).

Commands