Merger Approval Allows 50% of Aetna’s Future Small Business Rates To Be Unjustified
Monday, June 20, 2016
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Santa Monica, CA – The California Department of Managed Healthcare (DMHC) approved the merger of Aetna and Humana today, sanctioning unjustified rate increases and without requiring the insurer pass on any projected savings to consumers. Consumer Watchdog urged the U.S. Department of Justice, which has final merger approval authority, to reject the deal.
