Datapoint: Cigna, Humana Halt Alleged Merger Talks
Talks of a Cigna-Humana combination appear to be over, The Wall Street Journal reported Dec. 10. Sources told the outlet that the two companies couldn’t agree on pricing “and other financial terms.” Cigna will instead focus on “smaller, so-called bolt-on, acquisitions” in the near future. The two orgs are among the largest payers in the U.S., with Medicare Advantage-focused Humana serving 13,711,033 members, and Cigna, which largely serves the employer group markets, serving 17,407,225 members. A combined Cigna-Humana would have likely become the third largest payer in the U.S., beating out CVS Health Corp.’s Aetna and Centene Corp.
Source: AIS’s Directory of Health Plans