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Two giant health mergers trigger debate: can monopolistic activity aid patients?

Publication: Best's Review
Publication Date: 01-DEC-03
Format: Online
Delivery: Immediate Online Access
Full Article Title: Two giant health mergers trigger debate: can monopolistic activity aid patients?(Briefing)(Anthem Inc. and WellPoint Health Networks Inc., United-Health Group Inc. and Mid Atlantic Medical Services Inc. mergers)

Article Excerpt
Recently announced mergers among health insurers have some experts debating whether large public companies use their dominance to force patients to accept less choice and higher costs for health care, or if these giants use their muscle to offer consumers better efficiencies, lower costs and more choices.

The health-care market is abuzz in the wake of two significant mergers, both announced Oct. 27. Anthem Inc. and WellPoint Health Networks Inc. said the two companies would merge in a $16.4 billion transaction to create the nation's largest health insurer, surpassing rival United-Health Group Inc. On the same day, United-Health said it would merge with Mid Atlantic Medical Services Inc. in a $2.7 billion transaction to create a...

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