The challenge of purchasing individual health insurance is about to get even more challenging, with less competition and less choice, for consumers in nearly a dozen states. Humana, one of the four national-level insurers operating in the country, has announced that it’s quitting the marketplace exchanges set up by the Affordable Care Act next year. [More]
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Aetna And Humana Give Up On Merger Dreams, Agree To Part Ways
Alas, it seems that for two companies this Valentine’s Day brings them a breakup they never wanted: After more than a year of trying, Aetna and Humana have officially called it quits, and given up on their plans to merge into corporate unity. [More]
Aetna And Humana May Appeal Ruling Blocking Their Merger
This week, a federal judge blocked the proposed $37 billion merger of health insurance giants Aetna and Humana, ruling that the two companies would significantly reduce competition in the health care market if they teamed up. Now what are the two companies going to do? They might appeal the ruling. Or not. [More]
Federal Judge Blocks $37 Billion Merger Of Aetna & Humana
Six months after the U.S. Department of Justice and attorneys general from eight states and the District of Columbia sued to stop the merger of insurance giants Aetna and Humana, the federal judge in the case has blocked the deal from moving forward. [More]
Aetna Threatened To Quit State Insurance Exchanges If Humana Merger Was Blocked
In a lawsuit seeking to block the merger of health insurance companies Aetna and Humana, the U.S. Department of Justice cited decreased competition on state individual health insurance exchanges as one reason why the merger shouldn’t happen. [More]
Justice Dept & 9 States Officially File To Block Anthem/Cigna, Aetna/Humana Mergers
The rumor mill yesterday has been borne out today, as the Department of Justice has officially filed a pair of lawsuits to block the mega-mergers of health insurers Anthem and Cigna. [More]
Report: Justice Dep’t Ready To Block Both Anthem/Cigna And Aetna/Humana Mergers
We closed out 2015 with the health insurance market poised to get a lot smaller, as Anthem proposed to by Cigna and Aetna said it would buy Humana. If both mergers go through, the number of large nationwide health insurance carriers would drop to just three… a big challenge in a U.S. that’s seen the market for health insurance expand since the Affordable Care Act went into effect. And if reports are true, the Justice Department may feel that’s just too much contraction. [More]
Anthem Buying Cigna For $54B In Yet Another Mega Insurance Merger
What a difference a month makes: Just a few weeks ago, Cigna rejected Anthem as a suitor, citing things like the major data breach the company suffered earlier this year and turning down its $47 billion merger bid. It seems Anthem has been busy a-courtin’, as the company announced this morning that it’s reached a deal to buy Cigna for $54 billion, effectively creating an insurance giant. [More]
Humana Is Being A Little Dramatic About Alex's Health
Alex is 24 years old and was laid off last year. He’s trying to sign up for a high-deductible health insurance plan from Humana One, but they’ve rejected him because he’s got a mess of health issues: “At my last checkup I mentioned occasional knee pain, occasional indigestion, and the fact that I experienced palpitations extremely rarely.” Or as Human describes it, “a medical history of bursitis, tendonitis, osteoarthritis, palpitations and irritable bowel syndrome (IBS).” [More]