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"California’s insurance commissioner, Dave Jones, and the Department of Managed Health Care’s Shelley Rouillard have opposing views of at least one major insurance company merger proposal. California Healthline’s Chad Terhune recently discussed the state’s merger landscape on Connecticut Public Radio station WNPR.", californiahealthline.org
"Anthem Inc., whose $48 billion acquisition of healthcare insurance rival Cigna has run into stiff regulatory headwinds, appears ready to walk away from the deal, The Post has learned. Anthem Chief Financial Officer John Gallina told a group of 20 analysts earlier that the Indianapolis-based company was working on “remediation plans” that include buying assets from Aetna, two sources at the meeting last week said. Anthem, the No. 2 healthcare insurer in the US, would not be talking about buying assets from Aetna — which is in the process of buying rival Humana — if it intended to press ahead with plans to buy Cigna, the fourth-largest health-care insurer, sources said. The discussion by Gallina occurred on June 21 — just five days after California regulators ripped into the deal, saying it would lead to higher insurance premiums. The state’s insurance commissioner urged Washington to block the deal. While Wall Street believes the", nypost.com
"The Illinois Department of Insurance has approved Aetna Inc's (AET.N) proposed $34 billion acquisition of Humana Inc (HUM.N) provided it is approved by the U.S. Department of Justice, according to an order dated June 23 posted on the department's website.", www.reuters.com
"Regulators' review of the two major insurance mergers continues to be filled with twists and turns as the processes nears their projected conclusion in the second half of the year. Aetna and Humana have agreed to extend the deadline for their proposed merger amid a legal challenge in Missouri, while a new analysis has dealt the Anthem-Cigna deal another setback.", www.fiercehealthcare.com