California Regulator Signs Off On $37 Billion Aetna-Humana Insurance Merger
(By Chad Terhune for Kaiser Health News)
California’s managed-care regulator on Monday approved Aetna Inc.’s $37 billion acquisition of Humana Inc., despite her past criticism of Aetna’s repeated rate hikes for employers.
California officials don’t have the authority on their own to block the national insurance merger, but their decisions can be influential as the companies try to win antitrust approval from the U.S. Department of Justice. Read article here…..
Kaiser Health News is a nonprofit national health policy news service that is part of the nonpartisan Henry J. Kaiser Family Foundation.
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