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Testimony Reveals Deep Rift Between Cigna And Anthem

Testimony Reveals Deep Rift Between Cigna And Anthem

The highly unusual public airing of infighting between Cigna and Anthem is one more lever the government is using to argue that the two companies should not be allowed to become the nation's largest health insurer.

Anthem CEO Joseph Swedish testified recently during the ongoing federal antitrust trial in Washington, D.C., that after regulators sued to halt the $48 billion merger in July, Cigna stopped cooperating on planning for what would happen after the deal closed.

"We wanted to proceed and they didn't want it, and so we decided to continue, knowing that they would come back in when the time was right for them," Swedish said, according a transcript of his...

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