Largest Insurance Merger in History

Last Friday news was buzzing with the announcement that Cigna and Anthem will in fact be merging. The $54B deal won’t be finalized without Federal approval, but after long awaited negotiations an agreement has been met. Currently there are five major health insurance carriers, Aetna, Cigna, Anthem, United Healthcare, and Humana. Although three weeks ago Aetna acquired Humana bringing the large carrier count to four. Now this merger takes the count down to three. Speculation as to why these carriers feel the need to merge has been a heightened topic, but a substantial reason has yet to presented itself. Dan Diamond who […]

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Subsidies Stay and Talks of Mergers Resume

With the ruling of King Vs. Burwell in favor of the Obama Administration business moves ahead as normal. Talks of mergers are at the forefront for several of the U.S. healthcare insurers. The Supreme Court ruling had a potential to disrupt the individual market for both individuals and insurers. The top 5 insurers are all considering deals, but two largest mergers that are in the works are Anthem’s bid for Cigna and Aetna acquiring Humana. Cigna’s board has turned down Anthem’s $54B bid. CNBC quotes, “Cigna believes a merger with Anthem would create a health insurance powerhouse, but the Connecticut-based insurer is

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