Saturday, July 25, 2015

www.washingtonpost.com/blogs/wonkblog/wp/2015/07/24/anthem-to-buy-cigna-to-create-new-health-insurance-giant/

"A merged company would serve 53 million people and is part of a dramatic , long- predicted reshaping of the health insurance landscape, from five big players to three. The new company is projected to generate $ 115 billion in annual revenues . Its competitors include UnitedHealth Group, which has more than 45 million members , and Aetna and Humana, which announced they would merge in July, creating a company serving 33 million people.
While the major trend of consolidation is the same in these big health care deals, analysts said there are key differences between them. Aetna' s deal to buy Humana greatly expanded its presence in the Medicare Advantage marketplace, whereas the Cigna and Anthem merger will have the biggest ripple effects for the commercial insurance market, where both companies are already major players."


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