anti-trust

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Aetna-Humana antitrust trial to have a different twist

Aetna headquarters in Hartford

WASHINGTON – As the first part of the antitrust trial on a proposed merger of Anthem and Cigna is wrapping up, a similar challenge to Aetna’s plan to merge with Humana will begin Monday. While both are the result of lawsuits to block the mergers filed by the Justice Department on the same day in July, the trials will be much different. Continue Reading →

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UnitedHeathcare a player in insurance merger lawsuits

unitedhealthcare-log

WASHINGTON – UnitedHealthcare, the nation’s largest health insurer and former potential suitor to merge with Cigna, provided the Justice Department with a large amount of sensitive, proprietary and confidential information to help the government investigate and block the mergers by its rivals. Continue Reading →

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CT is Exhibit A in antitrust fight against Anthem-Cigna merger

Cigna headquarters in Bloomfield

WASHINGTON — In its court battle to block the merger of Anthem and Cigna, the U.S. Justice Department plans to use Connecticut’s market as a prime example of why increased consolidation in the health insurance field would hurt consumers. “It was clear to us… that if Connecticut had not decided to participate in the lawsuit, (the state) would have been a focal point of the case anyhow,” said Connecticut Attorney General George Jepsen, who has joined the DOJ lawsuit. Continue Reading →

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Aetna offers divestitures, Cigna looking at its options

Aetna headquarters in Hartford

WASHINGTON — Aetna and Humana said Tuesday they have an agreement to sell Medicare Advantage business covering 290,000 people to rival insurer Molina if their planned merger is allowed to be completed. Aetna also said it is halting 2017 plans to expand participation on public exchanges and is reviewing all of its current participation on Affordable Care Act exchanges. Continue Reading →

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Short week for Congress yields defense funding, railroad revival

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The U.S. House of Representatives was out and the Senate had a shortened work week because of the Veterans Day holiday, but there was still plenty of activity in Congress. The Senate approved a final defense bill that authorizes billions of dollars in spending on weapon systems developed in Connecticut. The Federal Railroad Administration took a big step forward on an ambitious overhaul of the rail system in the Northeast Corridor. Continue Reading →

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AMA asks Justice Department to block Aetna-Humana, Anthem-Cigna mergers

WASHINGTON – Saying it would end competition in key markets and erode patient care, the American Medical Association has asked the Justice Department to quash the proposed mergers between insurance giants Aetna and Humana and Anthem and Cigna. Continue Reading →

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CT ethics office still in ‘conversation’ with Wade about recusal

Katharine L. Wade.

While Insurance Commissioner Katharine Wade, a former Cigna in-house lobbyist, said she won’t recuse herself from involvement in the $54-billion merger between Cigna and Anthem, the issue has not been settled by the Connecticut Office of State Ethics, which is still in discussions with her about the situation. Continue Reading →

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