Deals
Cigna Medicare Advantage Sale Intensifies, Teeing Up Humana Deal
- Health Care Service Corp. said to eye Cigna Medicare Advantage
- Potential Cigna-Humana tie-up likely to face antitrust concern
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Cigna Group’s potential tie-up with Humana Inc. would almost certainly face the kind of tough antitrust scrutiny that has derailed other health insurance mega-mergers.
In recent months, Cigna has been taking steps to get around that hurdle by shopping its relatively smaller Medicare Advantage business, a move that made little sense on its own before news broke of the Cigna-Humana talks.