WASHINGTON – The CEOs of the large health insurers hoping to close on historic mergers are telling investors and the public the deals are on track, but there still are a number of hurdles, and increasing opposition, to the deals.
Cigna
Posted inHealth, Politics
Consumer group demands Wade recuse herself on Cigna merger
WASHINGTON — A consumer group says Gov. Dannel Malloy should avoid “going back to the days of Corrupticut” and replace Insurance Commissioner Katharine Wade as the key state regulator on a proposed mega-merger between Anthem and Cigna insurance companies.
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 inNews
GE part of a national move away from big, suburban office parks
Among other lessons, the move provides further evidence that large, isolated, one-tenant suburban office parks, such as the sleek but aging campus that GE has occupied since 1974 on 68 arboreal acres in Fairfield, have seen their day.
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 inCT Viewpoints
Insurance giants’ proposed merger likely to hurt Connecticut health care
The proposed mergers of insurance giants Anthem/Cigna and Aetna/Humana are likely to have a negative impact on both the cost and quality of care in Connecticut. Mergers are usually justified by claims of increased efficiency and opportunity for innovation, but based on past experience those results are rarely delivered. In fact, such a major consolidation would permanently change our state’s health care system for patients, physicians and other stakeholders.
Posted inHealth
Critics urge more transparency in Anthem-Cigna merger review
Saying that “all eyes will be on Connecticut,” critics of two pending mergers of major health insurers have asked the state’s insurance commissioner to take steps they say would increase transparency in the review of Anthem’s proposed acquisition of Cigna.
Posted inHealth
Five stories that can make 2016 a big year in health care
“I haven’t seen a time in my almost 10 years here in the state where there’s so much happening in health care,” says state Healthcare Advocate Victoria Veltri. Here are five health care stories to watch in 2016.
Posted inHealth
Ethics office won’t call for Wade to recuse herself on Cigna deal
The Office of State Ethics is not calling for Insurance Commissioner Katharine L. Wade to recuse herself from overseeing her agency’s review of Anthem’s proposal to buy Cigna, where Wade previously worked and her husband serves as an attorney. But Executive Director Carol Carson said the office has raised concerns.
Posted inHealth
Unlike UnitedHealth, Aetna, Anthem say they will stay in ACA exchanges
WASHINGTON — UnitedHealth may quit the nation’s insurance exchanges, but Aetna and Anthem say they are staying and will work on problems with the marketplaces.
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 inHealth, Politics
Clinton has ‘serious concerns’ about Aetna-Humana, Anthem-Cigna deals
WASHINGTON — Planned consolidations by some of the nation’s largest health insurers were propelled into the 2016 race for the White House Wednesday as Hillary Clinton said she has “serious concerns” about Aetna’s plan to acquire Humana and Anthem’s proposal to buy Cigna.
Posted inPolitics
Jepsen no longer recused from role in Anthem-Cigna merger
Connecticut Attorney General George Jepsen will no longer recuse himself from the review of a proposed $54 billion merger between Anthem and Cigna, his office revealed on Tuesday.
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.
