Just last month, the Florida Office of Insurance Regulation conducted an analysis and approved Aetna’s plan to purchase Humana.
But the AMA, FMA and FOMA wrote a letter to Attorney General Pam Bondi claiming the Florida OIR should not have done so.
“[T]he OIR appears to have been captured by Aetna’s faulty arguments that existing state and federal regulation — MLR and staffing requirements — mostly solve the competitive concerns and justify very limited remedies that are largely illusory,” the letter reads.
More articles on payer issues:
Could Humana’s past predict the effects of its merger with Aetna?
Hazel Hawkins, Aetna fail to reach reimbursement agreement
How much did Humana’s CEO make in 2015?
