Key obamacare insurer likely exiting certain coverage areas

[Preacher]

Key Obamacare Insurer Anthem Likely Exiting Certain Coverage Areas

Down Down Down! Now just a fascinating look at WHO the people will blame!? Democrats for FORCING this garbage on the American people or the GOP for sitting on their hands and not replacing it!?

 

[Penelope]

Antitrust rulings put chill on health insurance mergers

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February 15, 2017
Recent court rulings have found two proposed health insurance mergers worth a combined $82 billion violate federal antitrust law, significantly curbing a deal boom that would have reshaped the industry.


Recent court rulings have found two proposed health insurance mergers worth a combined $82 billion violate federal antitrust law, significantly curbing a deal boom that would have reshaped the industry. Aetna and Humana said Tuesday they would terminate their $34 billion combination agreement instead of attempting to appeal a judge's decision in January that their merger would harm senior citizens. Hours later, Cigna said it was calling off its $48 billion merger agreement with Anthem and pursuing litigation seeking a $1.85 billion breakup fee plus more than $13 billion in damages from its deal partner. The fate of both deals represents a victory for the Obama administration's antitrust officials, who were able to win the cases despite major differences between the two transactions.

Wall Street Journal (02/15/17) Mathews, Anna Wilde; Kendall, Brent

Ad Position:
Bottom Center Aligned
https://www.wsj.com/articles/cigna-calls-off-merger-with-anthem-1487104016

We need to get rid of health insurance companies, before we only have 2 left, which is what is going to happen.
We have Pres and congress who have laxed corp laws so much that soon we will be a socialist state run by the elties. Competition is falling by the way side when Gorsuch gets in and with a GOP control.

I'd rather be run by the Democrats and government.

 

[Preacher]

Antitrust rulings put chill on health insurance mergers

Share This Page


February 15, 2017
Recent court rulings have found two proposed health insurance mergers worth a combined $82 billion violate federal antitrust law, significantly curbing a deal boom that would have reshaped the industry.


Recent court rulings have found two proposed health insurance mergers worth a combined $82 billion violate federal antitrust law, significantly curbing a deal boom that would have reshaped the industry. Aetna and Humana said Tuesday they would terminate their $34 billion combination agreement instead of attempting to appeal a judge's decision in January that their merger would harm senior citizens. Hours later, Cigna said it was calling off its $48 billion merger agreement with Anthem and pursuing litigation seeking a $1.85 billion breakup fee plus more than $13 billion in damages from its deal partner. The fate of both deals represents a victory for the Obama administration's antitrust officials, who were able to win the cases despite major differences between the two transactions.

Wall Street Journal (02/15/17) Mathews, Anna Wilde; Kendall, Brent

Ad Position:
Bottom Center Aligned
https://www.wsj.com/articles/cigna-calls-off-merger-with-anthem-1487104016

We need to get rid of health insurance companies, before we only have 2 left, which is what is going to happen.
We have Pres and congress who have laxed corp laws so much that soon we will be a socialist state run by the elties. Competition is falling by the way side when Gorsuch gets in and with a GOP control.

I'd rather be run by the Democrats and government.

Makes me wonder as a Populist what President Trump has planned. Teddy Roosevelt used anti trust laws to rightfully break up big companies harming the people.

 

[TheOldSchool]

Maybe republicans will undo their sabotage of risk corridor funding and Medicaid expansion for the sake of benefitting the country. Though I know that's not really a motivator for them.

 

[Penelope]

Antitrust rulings put chill on health insurance mergers

Share This Page


February 15, 2017
Recent court rulings have found two proposed health insurance mergers worth a combined $82 billion violate federal antitrust law, significantly curbing a deal boom that would have reshaped the industry.


Recent court rulings have found two proposed health insurance mergers worth a combined $82 billion violate federal antitrust law, significantly curbing a deal boom that would have reshaped the industry. Aetna and Humana said Tuesday they would terminate their $34 billion combination agreement instead of attempting to appeal a judge's decision in January that their merger would harm senior citizens. Hours later, Cigna said it was calling off its $48 billion merger agreement with Anthem and pursuing litigation seeking a $1.85 billion breakup fee plus more than $13 billion in damages from its deal partner. The fate of both deals represents a victory for the Obama administration's antitrust officials, who were able to win the cases despite major differences between the two transactions.

Wall Street Journal (02/15/17) Mathews, Anna Wilde; Kendall, Brent

Ad Position:
Bottom Center Aligned
https://www.wsj.com/articles/cigna-calls-off-merger-with-anthem-1487104016

We need to get rid of health insurance companies, before we only have 2 left, which is what is going to happen.
We have Pres and congress who have laxed corp laws so much that soon we will be a socialist state run by the elties. Competition is falling by the way side when Gorsuch gets in and with a GOP control.

I'd rather be run by the Democrats and government.

Makes me wonder as a Populist what President Trump has planned. Teddy Roosevelt used anti trust laws to rightfully break up big companies harming the people.

His buddy Carl Icahn is one who takes over companies, see his Wiki article and all his takeovers. I think he is an unpaid advisor to Trump.