Aetna and Humana Merger Blocked Due to Antitrust Concerns
Health insurers Aetna and Humana will no longer merge as they had planned. A federal judge blocked the more than $30 billion merger for antitrust reasons.
CNN Money reports a federal judge found Aetna was lying when they said they pulled out of most Obamacare exchanges because they were losing money. The judge ruled Aetna's real reason was "to evade judicial scrutiny" over its merger with Humana.
USA Today reports Aetna and Humana leaders will likely appeal the ruling and revise their merger terms.