The health care insurance industry's consolidation rush is accelerating with insurance giant Anthem's (ANTM) deal to acquire Cigna (CI) in a transaction valued at $54.2 billion.
Anthem on Friday confirmed that it has reached a deal to buy Cigna, creating a mammoth for-profit insurer with annual revenues of more than $115 billion and more than 53 million insured patients.
15:26 What’s in a Name? Obamacare May Not Have Been Such a Hot One10
11:05 Facing the Senate, HHS nominee Price will defend GOP’s health care overhaul13
13:02 Charlotte supporters of Affordable Care Act rally to ‘save our h21
04:06 Trump Promises ‘Insurance for Everybody’ as Health Law Replacement15