I’m very pleased with the U.S. Department of Justice action today to block these mergers because they are anti-competitive and would harm consumers and businesses. As insurance commissioner of the largest insurance market in the country, I urged the DOJ to prevent both of these health insurance mergers, which if approved would have resulted in a highly concentrated, less competitive health insurance market doing irreparable harm to consumers and businesses.
California agency approves Aetna’s purchase of Humana
California Department of Managed Health Care (DMHC) Director Shelley Rouillard has approved Aetna’s acquisition of Humana.
Aetna purchase of Humana set for public meeting discussion
The Department of Managed Health Care (DMHC) invites you to a public meeting on the acquisition of Humana by Aetna. Representatives from both plans will be present. The meeting will be held in Sacramento on January 4, 2016 from 1:30 p.m. to 3:30 p.m. The purpose of the meeting is to discuss DMHC’s jurisdiction and authority to oversee the transaction and to solicit public comment for DMHC’s consideration as it reviews the transaction. Public comments will be limited to 3 minutes. Comments may also be submitted in writing to [email protected] until 5 p.m. on Monday, January 11, 2016.