WASHINGTON, Feb. 9 -- The Consumers Union issued the following news release:
Consumers Union, the policy and mobilization arm of Consumer Reports, praised a federal judge's ruling to block Anthem from acquiring rival health insurer Cigna.
"The Justice Department laid out strong proof for the court that allowing these two health insurance giants to combine forces would have seriously harmed consumers across the country, especially those who get insurance through their workplace. These workers and their families would have found themselves boxed in with fewer choices, higher costs, and inferior quality coverage," said George Slover, senior policy counsel for Consumers Union. "We are pleased the court has agreed that this merger needed to be stopped."
Slover testified on behalf of Consumers Union before the Senate Judiciary Committee in September 2015, soon after the merger was announced, highlighting ways the merger could harm competition and consumers, and calling on the Justice Department to conduct a thorough review. Dena Mendelsohn, staff attorney at Consumers Union'sCalifornia Office, had testified before the California Department of Managed Health Care, and Betsy Imholz, Director of Special Projects in the California Office, testified before the California Department of Insurance, focusing on the adverse consumer impacts in California.
Dueling protests to take place at Planned Parenthood in San Luis Obispo
EMC Insurance Group Inc. Reports 2016 Fourth Quarter and Year-End Results, and Announces 2017 Non-GAAP Operating Income1 Guidance and Participation…
Advisor News
- Wellmark still worries over lowered projections of Iowa tax hike
- Wellmark still worries over lowered projections of Iowa tax hike
- Could tech be the key to closing the retirement saving gap?
- Different generations are hopeful about their future, despite varied goals
- Geopolitical instability and risk raise fears of Black Swan scenarios
More Advisor NewsAnnuity News
- How to elevate annuity discussions during tax season
- Life Insurance and Annuity Providers Score High Marks from Financial Pros, but Lag on User Friendliness, JD Power Finds
- An Application for the Trademark “TACTICAL WEIGHTING” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
- Annexus and Americo Announce Strategic Partnership with Launch of Americo Benchmark Flex Fixed Indexed Annuity Suite
- Rethinking whether annuities are too late for older retirees
More Annuity NewsHealth/Employee Benefits News
- Wellmark still worries over lowered projections of Iowa tax hike
- Families defend disability services amid health cuts
- RANDALL LEADS 43 DEMOCRATS IN DEMANDING ANSWERS FROM OPM OVER DECISION TO ELIMINATE COVERAGE FOR MEDICALLY NECESSARY TRANS HEALTH CARE
- Trump's Medicaid work mandate could kick thousands of homeless Californians off coverageTrump's Medicaid work mandate could kick thousands of homeless Californians off coverage
- Senator Alvord pushes back on constant cost increases of health insurance with full bipartisan support
More Health/Employee Benefits NewsLife Insurance News
- Gulf Guaranty Life Insurance Company Trademark Application for “OPTIBEN” Filed: Gulf Guaranty Life Insurance Company
- Marv Feldman, life insurance icon and 2011 JNR Award winner, passes away at 80
- Continental General Partners with Reframe Financial to Bring the Next Evolution of Reframe LifeStage to Market
- ASK THE LAWYER: Your beneficiary designations are probably wrong
- AM Best Affirms Credit Ratings of Cincinnati Financial Corporation and Subsidiaries
More Life Insurance News