Walmart health insurance acquisition talks underway with Humana

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The largest retail chain in the world is reportedly in early-stage negotiations with the insurer. A new Walmart health insurance company may one day form if its acquisition of Humana is successful. The Wall Street Journal reported that the retailer was in talks with the insurer for precisely that purpose. Reuters soon after reported that the companies were working on a possible partnership without ruling out an acquisition. Humana’s shares skyrocketed by up to 13 percent during the trade hours following the reports. The Walmart health insurance talks also gave…

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Kentucky insurance exchange offers only one option for many health plan shoppers

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Residents of several of the state’s counties will have only one coverage option to choose next year. The Kentucky insurance exchange will continue to have health plan options for consumers across the state. That said, residents of some counties will have only one coverage option to buy. The recently released county level map of the state illustrated the 2018 health insurance company participation. That said, despite the fact that some people have exceptionally limited options on the Kentucky insurance exchange, they are considering themselves lucky when compared to counties in…

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Humana intends to step out of Affordable Care Act insurance exchanges

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The health insurer announced that it would no longer be selling individual plans on the public marketplace in 2018. Humana announced that it would no longer sell health insurance through the exchanges created through the Affordable Care Act. It will be withdrawing from the marketplace in 2018. With this withdrawal comes the first exit from the exchanges by a major health insurance company. As could be expected, President Trump grabbed the opportunity to tweet about the Affordable Care Act. He said Humana’s withdrawal was further evidence that The ACA needed…

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Insurance company merger between Aetna and Humana will not go forward

Health Insurance company merger Aetna

A federal judge has now ruled in favor of prohibiting the two health insurers from merging. The Justice Department’s decision to stop the insurance company merger between Aetna and Humana has been upheld by a federal judge. These two health insurance giants were appealing the decision with U.S. District Judge John. D. Bates. The original decision to block the merger between the health insurance companies occurred in July 2015. That said, Judge Bates concluded in a 158-page opinion that “The Court is unpersuaded that the efficiencies generated by the merger…

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Kentucky approves controversial health insurance deal between Aetna and Humana

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New Insurance Commissioner grants approval for Aetna’s acquisition of Humana Kentucky’s new Insurance Commissioner, H. Brian Maynard, has approved of a controversial acquisition plan from Aetna. The insurance provider has plans to acquire Humana in a deal that has caused concern among consumers and some government officials. The deal is valued at approximately $37 billion and some fear that it could have a dramatic impact on the health insurance market. Commissioner Maynard’s decision to approve the deal has been met with some criticism. Economists have yet to report on the…

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Aetna leaves prominent health insurance trade group

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Aetna will no longer be part of America’s Health Insurance Plan Aetna, one of the largest insurers in the United States, has left the health insurance industry’s largest trade group. This has raised concerns among critics of the Affordable Care Act, who claim that as more insurers leave the trade group, the federal law may be in jeopardy. Aetna is the second large insurer to leave the America’s Health Insurance Plans group, which was a major supporter of the Affordable Care Act as it was being drafted. Trade group is…

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Health insurance companies seek approval for merger in Florida

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Large insurers intend to merge, but seek approval from Florida regulators Two of the largest health insurance companies in Florida are petitioning lawmakers to approve their merger. Aetna and Humana intend to join together, creating a larger insurance organization. The merger has generate some controversy, with consumer advocacy groups suggesting that the merger would lead to higher health insurance rates and fewer options for those that need coverage. These concerns have been shared by some lawmakers, who are convinced that the merger would be in the best interests of the…

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Largest health insurance acquisition ever of Humana by Aetna

Health Insurance company merger Aetna

This is the largest deal that the industry in the company has ever experienced, as the rivals combine. American health insurance company, Aetna Inc. has now announced that it will be purchasing its smaller competitor, as it enters into the largest industry deal that the country has ever seen. The purchase is being made for approximately $37 billion in cash and stock, according to initial reports. Once these two health insurance companies are joined, it will bring Aetna considerably closer to the second place position that is currently held by…

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Health insurance companies partner to examine medical costs

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Rising medical costs encourage companies to come together to shed light on the issue Three of the largest health insurance organizations in the United States have agreed to come together for the sake of a new research initiative that is meant to help develop a digital tool that could shed some light on the costs of medical care. These costs have become a major issue for many people and businesses throughout the U.S. and are somewhat shrouded in mystery. It is no secret that medical costs have been on the…

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Entirety of Alabama to be covered by health insurance exchange

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Whole of Alabama could be covered by health insurance plans The entirety of Alabama is expected to be covered by the state’s health insurance exchange when it becomes operational at the beginning of 2014. The state’s exchange system is to be managed by the federal government, but state officials have been fielding proposals from health insurance companies concerning the policies that will be available through the exchange. Several of these insurers have come forward with expansive health insurance plans, with a few even offering to provide coverage to the entirety…

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