Lack of competition pushes up healthcare costs for consumers. That’s why the Department of Justice should stay firm against monopolistic deals
Related: Justice department files lawsuits to block health insurance mergers
On July 21, the Department of Justice filed suit to block two mega health insurance mergers: Aetna’s purchase of Humana and Anthem’s purchase of Cigna. These mergers would have consolidated the five national insurers to only three, shaking up the healthcare landscape. At this critical moment for the healthcare system and antitrust policy, regulators made the right call – and their skepticism should apply to all healthcare mergers.
Related: Anthem to buy rival Cigna for $54.2bn to create health insurance giant
Continue reading...from Mergers and acquisitions | The Guardian http://ift.tt/2aegYIH
No comments:
Post a Comment