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Anthem not ruling out long-shot SCOTUS review of Cigna deal

from Forbes

Anthem isn’t giving up on completing its acquisition of Cigna even though a U.S. Appeals Court affirmed a lower federal court’s ruling that allowed the federal government to block the deal. The U.S. Justice Department originally challenged the deal in July of last year, saying it would thwart competition, raise prices and hurt the quality of patient care. A merger of rivals Aetna and Humana was also successfully challenged by the Justice Department, with the two insurers giving up on an escalated court battle earlier this year. more


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