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September 14, 2016
With the Department of Justice trying to block two mega-mergers, the health insurance companies have struck back by pulling out of the Obamacare exchanges.
Now Democratic lawmakers are accusing the insurers of using their participation in Obamacare as a bargaining chip to change the DOJ's mind.
But the government is far from innocent here.
July 24, 2015
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July 23, 2015
The Cigna share price jumped 4.6% this morning (Thursday) as Anthem Inc. (NYSE: ANTM) closes in on a $48 billion acquisition of Cigna Corp. (NYSE: CI).
At that price, Anthem will be paying roughly $188 per share for Cigna. The Cigna share price today reached an intraday high of $158 in early trading.
February 17, 2015
A surge in cybersecurity breaches has payment companies increasingly concerned about customer confidence in their products and services. Over the weekend, Visa Inc. (NYSE: V) and MasterCard Inc. (NYSE: MA) have announced plans to boost their cybersecurity features for online transactions. MasterCard has invested at least $20 million in its new features including biometrics and […]
February 5, 2015
This morning, the nation's second-largest health insurer, Anthem Inc. (Nasdaq: ANTM), announced hackers had infiltrated its patient-record network and accessed a significant amount of current and former customer information. The breach included access to names, street addresses, Social Security numbers, and personal incomes, but not health procedure data. Hackers have boosted their attacks on health-care […]