Health insurance deal may have an impact on mental health care

mental health insurance

American Psychiatric Association raises concerns about Anthem deal The American Psychiatric Association has warned government regulators that proposed health insurance mergers could have a major, negative impact on the availability of mental health care services. Anthem Inc. is looking to acquire Cigna Corp. through a $47 billion deal. The deal would make Anthem the largest health insurance provider in the United States, but the company also has plans to acquire Humana Inc., which would also make it the largest provider of Medicare plans in the country. Organizations warn regulators of…

Read More

Mergers among health insurance companies could drive rates skyward

health insurance companies profits

The American Medical Association has said that the reduction in competition will raise rates. The American Medical Association (AMA) has recently released the results of a study that claims that most health plan markets in the United States are currently led by a small number of insurance companies that may become even fewer with the current trend of mergers and acquisitions. The organization representing doctors and hospitals is criticizing the impact of this market shrinking. The reason is that they feel that if the current intentions of insurance companies to…

Read More