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Anthem/Cigna merger takes heat during hearing by California insurance commissioner

According to California Healthline, there are several major factors against the Anthem/Cigna merger, as well as the Aetna/Humana deal. One is overlap in market share  – Anthem and Cigna compete for subscribers and would reduce competition in 31 California counties, Tam Ma, attorney for the nonprofit advocacy group, Health Access California, told CHL.

However, Anthem spokesman Darrel Ng said the companies have limited overlap and the merger would allow them to provide better consumer choices, quality, and maintain affordability.

Yesterday, Jones questioned the merger’s benefits, reports California Healthline, noting the Department of Insurance hearing “took a more pressing tone than a related hearing held by the Department of Managed Health Care earlier this month.”