Anthem

Indiana health insurers will file their 2018 rates this week for the Affordable Care Act (ACA) marketplace but uncertainty about the future of health care reform may play into price and availability for the roughly 150,000 Hoosiers in the system.

Beverly Knight is self-employed. She was able to have a double knee-surgery because she is covered under the ACA.  She’s worried about rate hikes.

“If President Trump’s plan to sabotage the ACA succeeds, and premiums skyrocket as many expect, hundreds of Hoosier families, including mine, will be devastated,” Knight says.

Friday marked the official end to Indianapolis-based Anthem’s bid to merge with Cigna, and the second time in recent months a major health insurance merger has failed.

It underscores the uphill regulatory battle that big health insurers face in trying to join forces.

Anti-trust officials blocked mergers between Humana and Aetna, and Anthem and Cigna this year. Those four have something in common: they’re among their industry’s biggest, top-earning companies.

A merger between Indianapolis-based Anthem and fellow health insurance giant Cigna is officially dead – and Anthem says it won’t pay Cigna a break-up fee.

Anthem killed the $54 billion deal Friday after a failed bid to keep Delaware-based Cigna at the bargaining table.

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Matt Chaney / https://www.flickr.com/photos/vcucns/

Just days after a federal judge shut down a $54 billion merger between health insurers Anthem and Cigna on anti-competitive grounds, a Valentine’s Day move by Connecticut’s Cigna seeks to dump the Indianapolis-based company once and for all.

 

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Jim Grey / https://www.flickr.com/photos/mobilene/

If Indianapolis-based insurance company Anthem wants to appeal a federal judge’s decision scrapping the company’s upcoming merger with fellow insurer Cigna, it may have a short time window in which to do so.