Behavioral Health Business November 29, 2023
An industry-redefining merger of Humana Inc. (NYSE: HUM) and The Cigna Group (NYSE:CI) is reportedly in the works.
The deal, if completed, would create a massive company that spans nearly every segment of the health insurance industry. It would also create a formidable clinical and health services division prominently featuring behavioral health.
Late Tuesday, a former Humana and Cigna insider, Wendell Potter, wrote the two health insurance titans were in talks to merge, with Cigna acquiring Humana. The next morning, The Wall Street Journal reported that a deal could be reached as soon as the end of 2023.
A Cigna representative did not respond to a request for comment. Humana declined to comment.
The combined market share of these companies...
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