Victory: Anthem-Cigna Merger Blocked by Court - 02/15/2017
In a significant win for organized medicine and the nation's patients, federal judge Amy Berman Jackson blocked the proposed Anthem-Cigna merger. She found that the merger would have substantially lessened competition for the sale of health insurance to national employers, resulting in higher prices and diminished prospects for innovation. Anthem Inc. planned to take over Cigna for $50 billion. American Medical Association findings show the Anthem-Cigna merger would enhance market power in 85 metropolitan areas within 13 states: California, Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri, Nevada, New Hampshire, New York, Ohio, and Virginia.