Becker's Healthcare November 30, 2023
The sale of Cigna’s Medicare Advantage business would remove one hurdle in the company’s reported goal to merge with Humana, and Health Care Service Corp. might be part of that equation, Bloomberg reported Nov. 29.
Cigna and Humana reportedly are discussing a stock-and-cash deal that could be finalized by the end of 2023. The potential deal is likely to face antitrust scrutiny that has sunk other health insurance megamergers, according to the report. In 2017, a proposed merger between Cigna and Elevance Health, formerly Anthem, was struck down in court. A proposed merger between Humana and Aetna also was struck down the same year.
In early November, news broke that Cigna was exploring the potential sale of its...
Today's Sponsors
Today's Sponsor