Health insurer consolidation threatens competition, but could spur innovation

Published 3 Min Read

The recent mergers of large health care insurers threaten to decrease competition and carrier response to customer needs, but promises some benefits to employers and the benefits industry, as well, experts said during a panel discussion at EBA’s Workplace Benefits Summit in Orlando Wednesday.

In July, Aetna agreed to buy Humana, the second-largest provider of private Medicare insurance, for $37 billion in cash and stock as an effort to broaden its health care coverage. That same month, Anthem announced it will purchase Cigna for $48.4 billion.

Melissa A. Winn
Senior Editor

Winn is senior editor of Employee Benefit Adviser.


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