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Aetna Inc.

Leading U.S. Senator Seeks Closer Scrutiny Of Insurance Mega-Deals

Leading U.S. Senator Seeks Closer Scrutiny Of Insurance Mega-Deals

Blockbuster health care acquisitions involving two Connecticut insurers could reduce competition in prescription drug pricing and deal a blow to consumers, Sen. Charles Grassley, chairman of the Senate Judiciary Committee, said as he asked the U.S. Department of Justice to take a closer look at the corporate deals.

Regulators are reviewing a $69 billion acquisition of Hartford-based Aetna Inc. by CVS Health Corp. and the $67 billion purchase of Express Scripts Holding Co. by Cigna Corp. in Bloomfield.

American Medical Association Urges Regulators To Block CVS-Aetna Deal...

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