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.
anti-trust
Posted inHealth
Trial begins in U.S. antitrust battle against Anthem, Cigna
WASHINGTON — Anthem, Cigna and the U.S. Justice Department on Monday tried to sway a federal judge with widely differing views on the impact a proposed merger of the insurers would have on the U.S. health care market.
Posted inHealth, Politics
UnitedHeathcare a player in insurance merger lawsuits
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.
Posted inHealth, Politics
CT is Exhibit A in antitrust fight against Anthem-Cigna merger
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.
Posted inEducation, Health, Politics
Blumenthal calls for EpiPen antitrust probe
WASHINGTON – Sen. Richard Blumenthal on Tuesday asked the Federal Trade Commission to investigate whether EpiPen manufacturer Mylan broke anti-trust laws when it gave away or sold its product at discounted prices to schools.
Posted inHealth, Justice
Aetna offers divestitures, Cigna looking at its options
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.
Posted inHealth, Politics
Justice Dept. sues to block Aetna-Humana, Anthem-Cigna mergers
WASHINGTON — The Justice Department filed lawsuits Thursday to block both proposed mergers between Aetna and Humana and Anthem and Cigna. The insurers said they would fight the suits.
Posted inNews
Jepsen concerned about Anthem-Cigna deal, may move to block it
WASHINGTON — Connecticut Attorney General George Jepsen said he is concerned an Anthem-Cigna merger would result in decreased competition and higher premiums and will make a decision in as soon as two weeks whether to try to block it in court.
Posted inHealth, Politics
Blumenthal asks DOJ to stop Aetna-Humana, Anthem-Cigna mergers
WASHINGTON – Sen. Richard Blumenthal, D-Conn., and six other Democrats on the Judiciary Committee asked the Justice Department on Wednesday to block two proposed mergers involving Connecticut health insurers, Aetna-Humana and Anthem-Cigna.
Posted inPolitics
CT approval of Aetna-Humana merger draws fire
Updated at 5:30 p.m.
WASHINGTON — Opponents of the proposed Aetna-Humana merger on Thursday blasted the state insurance department for approving the deal, saying it was “rubber stamped” without public input, and asked the department to reopen the case.
Posted inHealth, Politics
CT signs off on Aetna-Humana merger, but other hurdles remain
WASHINGTON — The Connecticut Insurance Department has signed off on Aetna’s proposed merger with Humana, but other hurdles remain for that deal and another merger proposed by Cigna and Anthem.
Posted inPolitics
Short week for Congress yields defense funding, railroad revival
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.
Posted inHealth
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.
Posted inPolitics
CT ethics office still in ‘conversation’ with Wade about recusal
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.
Posted inHealth, Politics
Aetna, Anthem merger plans under scrutiny, again, by Congress
WASHINGTON – Members of both political parties expressed increasing skepticism Tuesday when they continued their scrutiny of the proposed mergers of insurance giants Aetna and Humana and Anthem and Cigna.