Kaiser Permanente, the nonprofit HMO and health system, has reached agreement to buy a major insurer in Washington state and wants to continue to expand into new and existing markets, according to news reports.
Anthem and Cigna's shareholders voted Thursday to approve the companies' merger, which is still awaiting regulatory approval.
Since the major payer mergers were announced, many have debated whether or not they will damage competition in the health insurance market. But to truly evaluate how the deals will play out, it may be most effective to analyze their effects at the state level.
Healthcare provider groups have been clear in their view that the pending health insurance mega-mergers will ultimately harm hospitals, physicians and by extension, consumers. But now a group representing consumers themselves has joined the movement to oppose the deals.
Continuing the healthcare provider community's criticism of consolidation in the health insurance industry, the American Medical Association has officially asked federal regulators to block the two major insurer mergers.
Even though it was left out of the health insurer merger fever, UnitedHealth Group may not only remain in good shape but may also end up profiting off of its competitors' deals, according to a report from Moody's Investors Service.
As the industry awaits word from federal regulators on the outcome of their review of the proposed Aetna-Humana merger, experts say the process is certain to be challenging and complicated.
UnitedHealth Group Inc. is in advanced talks to acquire employee benefit management company Helios in a $1.7 billion deal, according to Bloomberg Business.
Anthem and Cigna took part in a lengthy courting process before they announced they had struck a deal, the companies' latest Securities and Exchange Commission filing reveals.
Democratic presidential candidate Hillary Clinton released more details Wednesday regarding her plan to improve the Affordable Care Act.