The state of Missouri’s beef with the proposed $37 billion merger of Aetna and Humana does not appear to worry Joseph Swedish, CEO of Anthem, the company in the midst of an even bigger proposed merger with Cigna worth an estimated $48 billion.
The proposed merger is poised for approval from federal regulators, he told an investor conference reported by the Wall Street Journal.
Part of his apparent confidence, as explained by Anthem’s general 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 a merger as representing a potential national monopoly.
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