California Regulator Signs Off On $37 Billion Aetna-Humana Insurance Merger
Aetna to spend nearly $50 million on health initiatives, agrees to more rate review.
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Aetna to spend nearly $50 million on health initiatives, agrees to more rate review.
Commissioner Dave Jones says the deal would further reduce competition in the state’s health insurance market and harm consumers.
A Kaiser Family Foundation analysis forecasts rates could jump 10 percent next year in 14 major metro markets.
The average patient stay costs $4,000 more at Sutter and Dignity hospitals than at other California medical centers, study shows.
Insurance officials in California have received widespread complaints that the insurer has not paid rehab centers for months, as the company sifts claims for fraud.
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