Aetna Acquires Humana As Other Health Insurers Look to Merge
The recent Supreme Court decision to uphold the Affordable Care Act was a relief to the six and a half million Americans who receive subsidies to purchase health insurance. It was also a relief for the health insurance industry.
Shortly after the decision, Aetna, the nation’s third largest insurer, made an offer to buy its rival Humana, the country’s fourth largest insurer. That $37 billion deal was announced on Friday. And it’s part of a trend of other insurers looking to consolidate. Julie Rovner of Kaiser Health News tells Here & Now’s Jeremy Hobson about the merger and what it might mean for consumers.
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