What’s bad for health insurers may be good for consumers

By Walecia Konrad

After much speculation, it’s official: The U.S. Department of Justice announced last Thursday that it is suing to block health insurer Anthem’s proposed $48 billion acquisition of Cigna and Aetna’s proposed $34 billion acquisition of Humana. The two blockbuster mergers announced last year would shrink the number of major U.S. insurers from five to three.

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