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US: DoJ says Aetna- Humana merger harms seniors

By  |  December 6, 2016

The Justice Department, in the antitrust trial against the proposed Aetna- Humana Merger, argued that the merger would harm senior citizens who buy private Medicare plans. The US Department of Justice stated that the merger would also harm consumers who buy plans on Affordable Care Act marketplaces, reports said.

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    However, healthcare insurer Aetna And Humana defended their proposed merger in the antitrust trial on Monday.

    The US antitrust trial is seeking to block Aetna’s $37 billion acquisition of Humana, for loss of competition.

    The government argued that the merger would eliminate competition in 364 counties in 21 states where both companies currently compete to sell Medicare Advantage plans, likely forcing seniors to pay higher premiums.

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