When health insurers merge consumers often lose
from The New York Times
A wave of mergers in many sectors of the economy over the last several decades has significantly reduced competition and hurt consumers. That’s why the lawsuits filed by the Department of Justice and state attorneys general in federal court challenging two big heath insurance mergers were so important. Antitrust officials say Aetna’s $37 billion acquisition of Humana and Anthem’s $54 billion purchase of Cigna will reduce the number of large national health insurers to three, from five today.
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