With Anthem-Cigna deal near, the health insurance industry is headed toward a ‘big three’
From the Washington Post, July 22, 2015
The nation’s big five health insurers will become the big three, with a $48 billion merger imminent between Cigna and Anthem, according to the Wall Street Journal.
A merged company would serve 53 million people and is part of a dramatic, long-predicted reshaping of the health insurance landscape as a result of the Affordable Care Act. UnitedHealthcare has 45 million members, and Humana and Aetna announced they would merge in July, creating a company serving 33 million people.
A Cigna spokesman declined to comment on the rumored deal. Anthem did not immediately respond to requests for comment.