Anthem, Cigna squabbles could threaten proposed merger
Tensions are rising between potential merger partners Anthem and Cigna, which could make it even more difficult for the two health insurance companies to win over federal regulators, the Wall Street Journal reports.
The deal has been fraught with discord from the start, as Cigna rejected multiple offers from Anthem and then issued a sharp rebuke when Anthem took news of its takeover bid public.
One of the early points of contention between the insurers was Cigna CEO David Cordani’s role in the combined company. Though the companies did arrive at a compromise, Cordani and Anthem CEO Joseph Swedish have still been at odds in the 10 months since, according to the WSJ. Here are the other issues that are leading the insurers’ executives to butt heads.
Read the entire article: FierceHealthPayer