The judge overseeing the U.S. Justice Department’s bid to stop health insurer Anthem from merging with competitor Cigna said on Friday her goal was to have a ruling by the end of January, later than the Dec. 30 date sought …
Virginia’s Bureau of Insurance says a proposed merger between health insurance giants Anthem and Cigna would be bad for consumers. The bureau issued recently issued its analysis ahead of a decision by the State Corporation Commission whether to approve Anthem’s …
New York’s insurance regulator has “significant concerns” about Anthem Inc.’s proposed $48 billion acquisition of rival health insurer Cigna Corp. and will hold a hearing to address them before deciding whether to approve the deal. The state Department of Financial …
U.S. antitrust officials are poised to file lawsuits to block Anthem Inc.’s takeover of rival health-insurer Cigna Corp. and Aetna Inc.’s deal to buy Humana Inc., according to a person familiar with the matter. Justice Department officials, who are responsible …
The Obama administration’s top health official highlighted the importance of competition to insurance markets, as the Justice Department is poised to decide on two massive deals among four of the health-plan industry’s biggest players. Health and Human Services Secretary Sylvia …
A breakup of Anthem Inc.’s $48 billion bid for Cigna Corp., under scrutiny by U.S. antitrust regulators, could spark new deals for smaller health plans in a continued wave of industry consolidation. Smaller insurers could become targets for Cigna, including …
Anthem Inc. and Cigna Corp. are preparing for a showdown with senior Justice Department officials this week in their effort to persuade the government to allow the health insurers to combine, lest they wind up dueling in court over a …
Seven Democratic senators urged the U.S. Justice Department on Wednesday to block two mergers of major health insurance companies, saying that the proposed deals would mean higher premiums and lower-quality healthcare for consumers. The department is reviewing Aetna Inc.’s $33 …
Connecticut’s Citizens Ethics Advisory Board has agreed to review whether the state’s insurance commissioner should recuse herself from overseeing Anthem Inc.’s proposed merger with Bloomfield-based Cigna. Connecticut Common Cause is among the several advocacy groups and state legislators that want …
Cigna Corp.’s acquisition by health insurance rival Anthem Inc. may not be approved this year, Cigna said Friday in a regulatory filing. Shares of both companies declined. An analyst said the delay could be a sign of trouble for the …
