Hospital Group Renews Arguments Against Anthem’s Purchase Of Cigna
In other related news, California’s Kaiser Foundation Health Plan has formally applied to acquire Seattle’s Group Health Cooperative. (Kaiser Health News and The Kaiser Family Foundation are not associated with the Kaiser Foundation Health Plan.)
CQ Healthbeat:
Hospitals Argue Against Anthem Purchase Of Cigna
The American Hospital Association is renewing its opposition to Anthem Inc.’s acquisition of Cigna Corp., arguing the transaction would further hurt competition by increasing the Blue Cross and Blue Shield Association’s market power in the health insurance industry. (Camseddine, 3/2)
The Seattle Times:
Kaiser Foundation Health Plan Submits Formal Bid To Acquire Group Health
Officials with California’s Kaiser Foundation Health Plan have formally applied to acquire Seattle’s Group Health Cooperative, the next step in the controversial proposal, Washington state Insurance Commissioner Mike Kreidler said Wednesday. The application launches a review of the proposed deal, which would make the Northwest co-op part of Kaiser Permanente’s 10.1 million members in eight states and Washington, D.C. (Aleccia, 3/2)