Online:
Visits:
Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

One down, one to go?

Tuesday, February 14, 2017 13:03
% of readers think this story is Fact. Add your two cents.

(Before It's News)

So a couple weeks ago, the Humana/Aetna “wedding” was put on hold (again) by a Federal judge.

Now, someone’s blinked:

Aetna And Humana Call Off Merger After Court Decision

Turns out, the annulment didn’t come cheaply, either:

Aetna announced it would pay Humana a $1 billion fee for backing out of the agreement”

And lest you think that was a major windfall for the latter, think again:

Humana announced about $370 million of that would be paid as taxes.”

Nice little chunk-o-change for Uncle Sugar.

Again, although I don’t really have a horse in this race, I’m not terribly disappointed: more carriers should mean more competition, which is generally a good thing, no?


[Hat Tip: FoIB Holly R]
Original content copyright © InsureBlog


Source: http://insureblog.blogspot.com/2017/02/one-down-one-to-go.html

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.