Anthem-Cigna Deal Is Bad For Doctors On Obamacare Networks
(By – Bruce Japsen, Forbes Contributor)
News that Anthem WLP +% (ANTM) will buy Cigna CI -6.21% (CI) for $54 billion– a deal that closely follows the proposed merger of Aetna AET -1.82% (AET) and Humana HUM -1.66%(HUM) — will intensify regulators’ focus on antitrust issues in the health insurance industry. Because Anthem’s proposed acquisition of Cigna creates the nation’s largest health insurer with 53 million customers, it’s already being met with a healthy dose of criticism from doctors and hospitals who say insurers are already squeezing them. Read more…