Monday, July 11, 2016

Anthem's proposed acquisition of Cigna Corp. "...

... "is anti-competitive and will harm California consumers, businesses, and the California health insurance market. Anthem's market share will exceed 50 percent in 28 California counties and 40 percent in 38 counties, which will negatively impact California consumers with likely reductions in access, quality of care, and affordability of health insurance."

— California Insurance Commissioner Dave Jones (D), lambasting the proposed Anthem/Cigna deal in a 22-page letter to the Department of Justice.

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