Health Insurer Mergers Raise Concerns over Competition

August 2, 2015

The New York Times (Abelson, 8/2) reported that because of recent and pending consolidation of the health insurance market, three of the largest health insurance companies would control nearly half of the commercial health insurance market. The insurers claim that consolidation will bring about lower prices and better care for consumers; however, “consumer advocates, policy experts and former regulators say that what may be good for the insurers may not be good for consumers.” Pending mergers among insurers include Cigna and Anthem, as well as Aetna and Humana.