Blue Cross Blue Shield plans may be feeling apprehensive following Anthem's purchase of Cigna, according to a Forbes report.
Payer
The American Medical Association issued a statement Friday reporting the negative consequences of large health insurance mergers and calling on federal and state regulators to more closely examine recently proposed mergers.
Louisville, Ky.-based health insurer Humana has been hit with an investor class-action lawsuit seeking to block the company from being acquired by Hartford, Conn.-based Aetna, according to a Law360 report.
Anthem has entered into a definitive agreement to acquire rival health insurer Cigna in a cash and stock transaction valued at $54.2 billion.
The following insurers made headlines in the past two weeks. They are listed below, beginning with the most recent.
Anthem announced that it has reached terms to buy Cigna. Earlier this month, Aetna inked a deal to acquire Humana. These two mergers involve four of the five largest payers in the nation and will greatly shift the healthcare landscape.
Former Georgia Insurance Commissioner John Oxendine has filed a lawsuit claiming Blue Cross and Blue Shield of Georgia overcharged consumers for their premiums at the same time it was cutting payments to physicians who were outside of its coverage network,…
Following news of the hallmark acquisition of Humana by Aetna, many observers' first thought — and concern — is this kind of consolidation is a bad thing, as it will inevitably lead to less competition and higher prices. However, some…
CMS levied fines totaling $755,795 on six Medicare Advantage providers this week for giving inaccurate information about costs and benefits to policyholders.
California officials have found health insurance giant Aetna's premium increases on small businesses unreasonable for the fourth time since 2013, according to a Los Angeles Times report.
