Advertisement

Antitrust rulings put chill on health insurance mergers

Share This Page
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.

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

Advertisement

Related Content

block-views-related-content-block