— Anthem, Inc.'s CEO Joseph Swedish said in written testimony before a Senate Judiciary Committee panel on Sept. 22.
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Monday, October 12, 2015
"It is apparent that [Anthem Inc.'s acquisition of Cigna Corp.]
...will result
in minimal shared local markets, both geographically and by product segment. At
Anthem, we look at the provision of small group as insurance plans for small
employers with 2-50 employees; we have a presence in this segment in 14 states.
Cigna does not market to this group. Likewise for purchase of individual
plans...Anthem, again, has a presence in 14 states. Cigna has a presence in 12
states. The combined company would only share a limited number of rating
regions within just five states, where there is now and will continue to be
robust competition."
— Anthem, Inc.'s CEO Joseph Swedish said in written testimony before a Senate Judiciary Committee panel on Sept. 22.
— Anthem, Inc.'s CEO Joseph Swedish said in written testimony before a Senate Judiciary Committee panel on Sept. 22.
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