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

Unprecedented Collaboration

“… COVID 19 has led to unprecedented worldwide collaboration among scientists, medical doctors, health and government officials, and manufacturers…The arrival of this vaccine in Michigan

Read More »
Teresa

Questions about Vaccines?

“People with questions about vaccines – including the COVID 19 vaccination should consult a creditable source with answers based on medical science.  Sources for vaccination

Read More »
Teresa

As of December 20, 2020:

According to the Centers for Disease Control (CDC), as of 1 pm on December 20th: 2,838,225 doses of the new PfizerBioNTech COVID 19 vaccine have

Read More »
Teresa

Moderna COVID-19 Vaccine

“This vaccine is authorized for emergency use in individuals aged 18 years and older.  This is a two-dose vaccine, given one month apart.  Clinical trial

Read More »

copyright 2020 Evansville Insurance Center