California Regulator Warns Against Health Insurance Mega-Mergers
As the nation's biggest health insurers look to consolidate, California's elected insurance commissioner warns that consumers, employers and medical providers could be harmed by potential large mergers.
Los Angeles Times:
Health Insurance Mergers Don't Benefit Consumers, California Regulator Warns
California's top insurance regulator expressed alarm Wednesday at the prospect of further consolidation in the health insurance industry. Dave Jones, the state's elected insurance commissioner, said consumers, employers and medical providers all could be harmed if industry giants such as Anthem Inc. and UnitedHealth Group Inc. pull off potential mega-mergers. (Terhune, 6/17)
Los Angeles Times:
Health Insurance Giants Are In A Frenzied Search For Merger Partners
The nation's biggest health insurers are speed-dating one another, searching for a partner worthy of a multibillion-dollar merger. Anthem Inc. and other industry giants are flush with cash and eager to swallow up competitors as they increasingly vie for individual customers on Obamacare exchanges and government business tied to Medicare and Medicaid. (Terhune, 6/17)
