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"Without addressing recent conflict-of-interest allegations against state insurance regulators, Connecticut’s senior senator wrote Wednesday that the U.S. Department of Justice should deny the mergers of Aetna with Humana and Anthem with Cigna.", nhregister.com
"Without addressing recent conflict-of-interest allegations against state insurance regulators, Connecticut’s senior senator wrote Wednesday that the U.S. Department of Justice should deny the mergers of Aetna with Humana and Anthem with Cigna.", www.nhregister.com
"California’s top insurance regulator on Thursday urged the feds to block Aetna’s proposed $37 billion deal for rival health insurer Humana, saying the merger could hurt millions of seniors. Insurance Commissioner Dave Jones said a tie-up of the two insurance giants would reduce competition in the state’s already heavily concentrated health insurance market. In particular, it would affect seniors who rely on Medicare Advantage. A merged Aetna-Humana would have 26 percent of all Advantage enrollees in the US, more than any other insurer, according to Jones’ analysis. While Jones doesn’t have the ability to block the deal, his recommendation could carry weight with the Department of Justice that is reviewing the deal. Earlier this month, Jones also called on the DOJ to stop the $54 billion mega-merger between rival health insurers Anthem and Cigna. Aetna and Humana have proposed selling their Medicare Advantage Plans in certain territories", nypost.com
"The Missouri Department of Insurance is not pleased with the possibility of Aetna Inc.’s acquisition of Humana Inc. On May 25, the department issued a preliminary order to block the union. According to the insurance department, the acquisition of Humana by Aetna would be anti-competitive and would ultimately lead to higher premiums and costs for consumers. If the acquisition is completed, Aetna, Humana and their subsidiaries “shall cease and desist” from doing business throughout the state, according to an order posted by the department. Specifically, . . .", www.workforce.com
"State legislators and Connecticut residents have added their voices to the chorus of critics calling for a more thorough review of two proposed insurance company mergers. On Wednesday, the Connecticut Campaign for Consumer Choice and state Rep. Gregg Haddad, D-Mansfield, released a letter to Connecticut Insurance Commission Katharine Wade from 17 legislators concerned that merging companies “may have a negative impact on both the cost and quality of care in Connecticut.” The letter was sparked by the proposed acquisition of Bloomfield-based Cigna Health Insurance by Anthem Blue Cross Blue Shield, and of the Humana insurance company by Hartford-based Aetna. After being told by pollsters that the mergers will likely “increase insurance premiums and out-of-pocket costs, do nothing to improve quality of care and will limit your choices of doctors, hospitals and insurance plans,” those surveyed were asked if they were concerned about the proposed mergers. In an", www.ctpost.com
"NEW YORK - A tie-up of Aetna Inc and Humana Inc would be anti-competitive in Missouri for several types of insurance, including individual Medicare Advantage plans where the combined company would have more than a 50 percent market share, the Missouri Department of Insurance said. The department said in an order, dated May 24 and posted on its website, that if the proposed acquisition of Humana by Aetna were to go forward, the companies would need to stop selling individual insurance, small group and certain Medicare Advantage plans in its state.", www.todayonline.com
"A tie-up of Aetna Inc and Humana Inc would be anti-competitive in Missouri for several types of insurance, including individual Medicare Advantage plans where the combined company would have more than a 50 percent market share, the Missouri Department of Insurance said.", www.reuters.com
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