Anthem

Recent Posts

Aetna to quit Iowa’s ACA exchange, may leave all others

WASHINGTON — Aetna announced Thursday it is leaving Iowa’s Affordable Care Act marketplace and is considering abandoning the three remaining state exchanges it sells policies in this year. Aetna’s is the latest in a steady drip-drip-drip of announcements from insurers about their concerns over staying in the ACA’s state exchanges. Continue Reading →

Filed under: , , , , , , ,

Insurers lobbying to keep ACA payments the GOP hates

This is a picture of Access Health's New Britain store

WASHINGTON — The nation’s health insurers, who are key to the survival of the Affordable Care Act, are asking the Trump administration to keep a program congressional Republicans have sued to eliminate. What the president, who predicted the ACA would “explode,” does about that and several other things will determine the ACA’s future health. Continue Reading →

Filed under: , , , , , , ,

Anthem’s cost savings at center of merger suit appeal argument

WASHINGTON — Anthem and the Justice Department faced off in court Friday over the insurer’s proposed merger with Cigna, with the legal wrangling centered on whether any savings from the deal would justify shrinking the market for large employer insurance policies from four to three carriers. Continue Reading →

Filed under: , , , , , , ,

In appeal, feds argue merger with Anthem would hurt Cigna’s ‘value-based’ care

WASHINGTON – In its showdown next week with Anthem over a planned merger with Cigna, the Justice Department will make the Bloomfield-based insurer’s unique business model a key part of its argument aimed at swaying an appellate court to reject the $54 billion deal. Continue Reading →

Filed under: , , , , , , ,

Insurers quietly assessing GOP health plan’s benefits and pitfalls

WASHINGTON — The nation’s health insurers are weighing the GOP’s newly released bill to replace the Affordable Care Act, which contains things they wanted – and some things they may not like, but for now keeping their opinions to themselves. “If they are smart, they are going to remain silent and let the legislation take its course,” said Rep. John Larson, D-1st District. Continue Reading →

Filed under: , , , , , , ,

AMA ‘alarmed’ political influence could sway DOJ on Anthem-Cigna merger

This is a picture of the Anthem Blue Cross and Blue Shield logo at the company's Wallingford headquarters

Updated at 6:25 p.m.
WASHINGTON — The American Medical Association, says it is “alarmed” Anthem may be taking advantage of changes in leadership in the Justice Department that would “bend antitrust laws” and result in a settlement of the federal case that has blocked its merger with Cigna. Continue Reading →

Filed under: , , , , , , ,

In legal soap opera, Cigna and Anthem trade charges of sabotage

WASHINGTON – In a vicious legal battle laid out in court papers unsealed Friday, Cigna accuses Anthem of undermining its business by stealing confidential information and soliciting its customers. Anthem counters in a rival filing that Cigna worked to sabotage the companies’ proposed merger after its executives were not promised the positions they wanted in the merged company. Continue Reading →

Filed under: , , , , , , ,

Anthem will appeal judge’s decision to block merger with Cigna

WASHINGTON — Anthem said Thursday it will appeal a federal court’s decision to block the health insurer’s planned merger with Cigna. The decision to appeal came quickly on the heels of U.S. District Judge Amy Berman Jackson’s ruling late Wednesday that the $54 billion merger would reduce competition in dozens of insurance markets across the nation. Continue Reading →

Filed under: , , , , , , ,