Wednesday, August 3, 2016

Cigna

Anthem Inc. has a $48 billion deal to acquire Bloomfield-based health care insurer Cigna.  Hartford-based Aetna also has a $34 billion deal to merge with Humana.  The pending mergers of two big Hartford insurance companies raise competitive concerns nationally and job loss concerns locally.
The Feds have brought lawsuits to stop the mergers.  Time will tell . . .


This is Cigna's architecturally significant headquarters, a 1960 award-winning modernist building designed by Skidmore, Owings & Merrill.  Cigna was going to knock it down a decade ago
but backed down when preservationists screamed bloody murder.

Back in the USA.

6 comments:

Taken For Granted said...

The amount of money and the national consequences of these mergers are quite serious. Glad they didn't raze the headquarters building.

RedPat said...

This doesn't sound good, Jack!

William Kendall said...

Monopolies are a bad thing all around.

Kate said...

Yes, "time will tell!" Health care concerns are many.

jennyfreckles said...

Those buildings look rather contemporary with the blue glass. That's popular over here at the moment.

SRQ said...

Moving toward a single payer healthcare system!