Anthem/Cigna and Aetna/Humana Merger Update

Developments continue regarding the proposed mergers between Anthem/Cigna and Aetna/Humana. Yesterday,  the Justice Department reported they will likely file lawsuits this month to halt both proposed mergers.  If the Justice Department does take action, it may significantly delay any merger.  Additional details can be found at the link below:

                http://www.modernhealthcare.com/article/20160719/NEWS/160719879/aetna-anthem-mega-deals-appear-headed-for-trouble

Pending such action by the Justice Department, Georgia’s Department of Insurance continues their own review of the proposed mergers and has scheduled the required public hearing for the Aetna/Humana proposed merger:

Aetna/Humana Public Hearing

https://www.oci.ga.gov/ExternalResources/Documents/RegServices/AetnaFormAFiles/10%20-%20FormA-Aetna-Humana%20(NoticeofPublicHearing)%20%20June28,2016.pdf

Tuesday, July 26

9:00 a.m.

Georgia Department of Insurance

DOI has not yet announced the hearing date for the proposed Anthem/Cigna merger; SHP will provide this date once announced. 

If you have any questions regarding these developments, please contact us.  Thank you!