The state of Missouri’s beef with the proposed $37 billionmerger of Aetna and Humana does notappear to worry Joseph Swedish, CEO of Anthem, the company in themidst of an even bigger proposed merger with Cigna worth anestimated $48 billion.

The proposed merger is poised forapproval from federal regulators, he told an investor conferencereported by the Wall Street Journal.

Part of his apparent confidence, as explained by Anthem’sgeneral counsel, Tom Zielinski, comes from the fact that the U.S.health care market is divided into 50 different state markets.Federal regulators, therefore, may be less inclined to view amerger as representing a potential national monopoly.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.