News Headlines Article

Health insurance giants are in a frenzied search for merger partners
Los Angeles Times

The nation’s biggest health insurers are speed-dating one another, searching for a partner worthy of a multibillion-dollar merger.

Anthem Inc. and other industry giants are flush with cash and eager to swallow up competitors as they increasingly vie for individual customers on Obamacare exchanges and government business tied to Medicare and Medicaid. As a result, employers and consumers may be left with fewer choices and little relief from ever-rising medical costs, experts say.