Dept. of Justice Has Filed Lawsuits

Share this story on:

Share on facebook
Share on twitter
Share on linkedin

“The U.S. action is “an unfortunate and misguided step backwards for access to affordable healthcare for America,” Anthem said. “The DOJ’s action is based on a flawed analysis and misunderstanding of the dynamic, competitive and highly regulated healthcare landscape and is inconsistent with the way that the DOJ has reviewed past healthcare transactions. ”

“Cigna said it was “evaluating its options consistent with its obligations under the agreement” and said it doesn’t expect the transaction will close in 2016. “The earliest it could close is 2017, if at all.”  Source:  Health Benefits Pro Alert.

Anthem, Cigna, Aetna, and Humana all have strong suits as an insurance company such that, if merged and administered properly, could be beneficial to the market and to consumers.  The battle for increased competition has already been lost in Indiana and Kentucky with the Affordable care Act law.  It seems there is a need now to focus on efficiency among the insurers that do exist.  We will continue to watch this news at it develops.

Teresa
Teresa

Recent Posts

Teresa

Humana Waives Some Copays

Humana is waiving member copays, co-insurance, and deductibles for in-network Primary Care, Behavioral Health, and Tele-Health visits for it’s Medicare Advantage customers.  This relief will

Read More »
Teresa

Humana Sues

“Humana filed suit Friday against more than a dozen generic drugmakers, including Teva Pharmaceutical, alleging the companies engage in price fixing. “In the 610-page complaint,

Read More »
Teresa

Canada Investigates

Health officials in London, Ontario, are investigating a case of vaping-related illness in a youth who suffered severe respiratory problems that have been linked to

Read More »
Teresa

Multi-Tasking or Focus?

“Given the importance of focus, it’s disheartening to find that like most of us, many of today’s business leaders and CEOs have fallen victim to

Read More »
Teresa

Indiana Leads

It was announced today that he and Mississippi Attorney General JimHood are leading a bipartisan coalition of 47 attorneys general callingupon Congress to authorize the

Read More »

copyright 2020 Evansville Insurance Center