“If the Anthem-Cigna deal is consummated soon, it would mean that the ‘big five’ health insurers, with 134m customers and combined annual revenues of $346bn, would have agreed to become a ‘big three’ in a matter of weeks. The Supreme Court’s decision was the final part of a puzzle that has been painstakingly pieced together since the ACA was signed into law in 2009. The act was vehemently opposed at its inception by many health insurers, not least Anthem, then known as WellPoint. But it has created big opportunities for the industry, as Medicaid, a federally funded scheme for those on low incomes, is expanded, and millions of uninsured people are brought into private health plans.”
http://www.ft.com/intl/cms/s/0/9908ecd0-242c-11e5-bd83-71cb60e8f08c.html#axzz3hEGJuw00
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