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Anthem-Cigna merger

News Release
3/4/2016
Posted by Carmen Balber
Santa Monica, CA — Consumer Watchdog today urged the Department of Managed Health Care (DMHC) to require Anthem and Cigna to commit to a series of consumer protections over prices and benefits to address the companies’ past harmful practices, or reject the merger plan if the companies refuse. Read Consumer Watchdog’s letter to...
News Story
12/17/2015
Posted by Mark Reback
A coalition of nine consumer advocacy and union groups are urging Florida regulators to think twice about approving big health mergers they say will reduce competition and consumer choice and could lead to higher premiums in counties including Palm Beach. For example, combining Aetna and Humana “would give the combined entity over half of...
Video
9/24/2015
Posted by Eddie B
The CEOs of Aetna and Anthem did the health insurance consolidation dance at a U.S. Senate hearing on Sept. 22. Aetna has plans to acquire Humana, and Anthem wants to buy Cigna. Both claim the mergers will improve care and cut costs for consumers. But never in the history of health insurance mergers have prices gone down for consumers when there...
News Story
7/25/2015
Posted by Mark Reback
In a mega-deal that alarms some health policy experts and consumer advocates worried about increasing industry consolidation and the prospect of higher premiums, health insurance giant Anthem has agreed to acquire rival Cigna for $54 billion.     The agreement announced Friday would create the health insurance industry's biggest...