DOJ Wins Bid To Block $37B Aetna-Humana Merger

Law360, New York (January 23, 2017, 11:59 AM EST) -- A District of Columbia federal judge on Monday sided with the U.S. Department of Justice in the government's suit to block the proposed $37 billion merger between health insurance giants Aetna Inc. and Humana Inc.

The judge said if the companies proceeded with their merger it would substantially reduce competition for Medicare Advantage plans in 364 counties. (AP) U.S. District Judge John D. Bates, in a 156-page opinion, said if the companies proceeded with their merger it would substantially reduce competition for Medicare Advantage plans in 364 counties. Judge Bates agreed with the DOJ that the Medicare Advantage market does not...

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