insurance

U.S. Senate Republicans released their version of a bill to repeal and replace the Affordable Care Act Thursday and there was reaction from both sides of the aisle in Indiana.

The Senate’s health care bill is similar to the House version in that it would get rid of the ACA individual mandate to receive health care coverage, cut back on Medicaid spending, allow states to waive services, and defund Planned Parenthood.

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.