A trial over whether Anthem or Cigna owes the other billions after the botched merger attempt began Feb. 25. While Cigna argues it’s owed more than $16 billion as the injured party, Anthem claims it’s owed $20 billion because Cigna sabotaged the deal.
Delaware Chancery Court Judge Travis Laster is tasked with deciding which party wins the case and how much the other insurer may owe. Larry Hamermesh, executive director of the University of Pennsylvania’s Institute for Law and Economics in Philadelphia, told the CT Mirror that Anthem and Cigna are both big enough to weather a payment, should they need to.
More articles on payers:
Minnesota senate passes bill to continue subsidies for health insurers
Humana settles pregnancy discrimination lawsuit
Humana debuts bundled payment model for spinal fusions
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
