Tag Archives: Cigna

More Signs Prove Bad News for Anthem-Cigna Merger

In what is looking more like an acrimonious divorce rather than a joyful wedding, a federal judge has ordered Anthem and Cigna to turn over ‘alleged documents’ that show breeches to the terms of the merger.  Cigna allegedly doesn’t feel Anthem is adequately preparing for the trial against the federal government that is to begin shortly.

This is reminding me more of War of the Roses but before the two parties even walk down the aisle.  If by some miracle this merger goes through, I can’t imagine there could be any ‘happily ever after’ that could come of this.

Medical Payers by Total Enrollment

We all know the big names in the health insurance market but do we know how many millions of members they cover?  This article breaks it down by the top 10 payers:

1. United Healthcare — 47.53 million members

2. Anthem (Indianapolis) — 33.99 million members

3. Aetna (Hartford, Conn.) — 19.96 million members

4. Cigna (Bloomfield, Conn.) — 14.03 million members

5. Humana (Louisville, Ky.) — 9.66 million members

6. Blue Cross and Blue Shield of Illinois (Chicago) — 8.09 million members

7. Kaiser Foundation Health Plan (Oakland, Calif.) — 7.81 million members

8. Health Net (Los Angeles) — 6.12 million members

9. Blue Cross and Blue Shield of Texas (Richardson) — 5.02 million members

10. Centene (St. Louis) — 4.51 million members

CMS Prohibits Cigna Unable to Sign New 2017 Medicare Beneficiaries

Cigna is not able to sign up new Medicare members for the 2017 enrollment period due to ‘widespread and systemic failures‘ in how Cigna administers coverage and benefits.  While other insurers have also faced similar allegations, Cigna is an outlier in that they have yet to remedy the deficiencies.

Will this have any impact on Anthem’s acquisition plans for Cigna?

Read more here.

The Heat Turns Up on the Anthem-Cigna Proposed Merger

The plot thickens for the proposed Anthem-Cigna merger.  Since the feds announced they intent to sue to stop both the Anthem-Cigna and Humana-Aetna deals, the pressure has been turned up to consummate the Cigna acquisition by the end of Q1 2017 otherwise financial ramifications can ensue and the deal is off the table.

Read more here.