AMA Issues Statement on Anthem Termination of Cigna Merger Agreement
"Today's action marks the end of a proposed merger that the
"The termination of the Anthem-Cigna merger is a clear victory to preserve competition in the health insurance industry. To the detriment of patients, there is already far too little competition among insurers. Networks are already too narrow, and premiums are already too high. Competition, not consolidation, is the right prescription for health insurance markets.
"Following 21 months of advocacy before the
Today's action concludes a successful campaign by the AMA and 17 state medical societies - on behalf of patients and physicians - to stop the Anthem-Cigna merger. In
Over the past year and a half, the AMA and its coalition of state medical societies worked tirelessly to protect patients and block the mergers. For more information on the steps taken by the AMA to maintain competition in the insurance marketplace, view a comprehensive timeline or read AMA Wire (https://wire.ama-assn.org/ama-news/physician-work-helps-halt-insurance-mergers-preserve-competition).
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