Just last month, the Florida Office of Insurance Regulation conducted an analysis and approved Aetna’s plan to purchase Humana.
But the AMA, FMA and FOMA wrote a letter to Attorney General Pam Bondi claiming the Florida OIR should not have done so.
“[T]he OIR appears to have been captured by Aetna’s faulty arguments that existing state and federal regulation — MLR and staffing requirements — mostly solve the competitive concerns and justify very limited remedies that are largely illusory,” the letter reads.
More articles on payer issues:
Could Humana’s past predict the effects of its merger with Aetna?
Hazel Hawkins, Aetna fail to reach reimbursement agreement
How much did Humana’s CEO make in 2015?
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
