Tag Archives: Cigna Corp.
California Attorney General Joins Federal Suit To Block Anthem-Cigna Merger
by Lisa Aliferis, KQED
In California, Anthem Blue Cross is a huge player with about 20 percent of private insurance market. Cigna has a smaller presence here, but the two companies “compete head-to-head for customers, especially large employers,” the attorney general’s office said. Read More ›
California Insurance Commissioner Expresses Skepticism Over Anthem-Cigna Merger
by Ana B. Ibarra, KQED
“We are not aware of any peer-reviewed studies that have found that higher insurer market concentration has led to lower health insurance premiums,” [one expert] said. … Consumer advocates said the acquisition would make existing problems with health insurance worse. Anthem, they claimed, has already struggled with inaccuracies in provider directories, low quality ratings and poor management of grievances. Read More ›