U.S. District Court Judge John Bates said at a pretrial meeting Thursday he could not rule on both lawsuits against Anthem-Cigna and Aetna-Humana mergers this year and will likely have to push one back, Reuters reported.
The Latest
Texas legislators took Zika funding into their own hands Wednesday by authorizing the state's Medicaid program to pay for mosquito repellent for women, reports Herald Democrat.
The following insurers made headlines this week. They are listed below, beginning with the most recent.
The Virginia Bureau of Insurance advised a proposed merger between the state's largest insurer — Anthem — and Cigna be rejected.
Aetna analyzed 8.6 million insurance claims to identify and notify physicians prescribing the highest amount of opioids, The Washington Post reported.
Indianapolis-based Anthem said its acquisition of Bloomfield, Conn.-based Cigna must close by April 30 or Cigna will walk out the next day, the Hartford Courant reported.
Minnetonka, Minn.-base UnitedHealthcare filed a protest with the Government Accountability Office over its exemption from 2017 TRICARE contracts worth $58 billion, according to an emailed statement.
The New York State Department of Financial Services will hold a hearing before issuing a final decision on Anthem's proposed $54 billion acquisition of Cigna, Bloomberg reported.
Aetna, Cigna, Humana and Anthem have released their financial results for the second quarter of 2016.
Humana reported losses related to its Affordable Care Act plans in the second quarter of 2016, but growth in the Louisville, Ky.-based insurer's Medicare Advantage membership provided a financial boost.