In its filing, the insurer noted it “still intends to evaluate its options in accordance with the merger agreement once the court issues its opinion in the pending civil antitrust lawsuit.” The insurer also reportedly has not made a decision about whether it will “seek to terminate” the agreement.
Anthem extended the completion deadline of its proposed acquisition of Cigna from Jan. 31 to April 30, stating additional time will be needed to complete the deal regardless of the outcome of the government’s antitrust lawsuit.
More articles on payer issues:
CMS proposes modest pay hike for Medicare Advantage plans
Cigna reports 4.4% increase in revenue boosted by commercial business
Medica returns to Minnesota health insurance exchange in 62 counties
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