Post by Logan on Jun 3, 2016 7:17:24 GMT -6
Consumer Group Demands Insurance Commissioner Recuse Herself On Cigna Merger
Washington – A consumer group says Gov. Dannel P. Malloy should avoid "going back to the days of Corrupticut" and replace Insurance Commissioner Kathleen Wade as the key state regulator on a proposed mega-merger between Anthem and Cigna insurance companies.
The Connecticut Citizen Action Group (CCAG) and its allies, which include the Connecticut State Medical Society, oppose the proposed merger and another planned by Aetna and Humana, saying they could drive up premiums and limit treatment and coverage options.
On Thursday, CCAG began circulating a petition asking Malloy to replace Wade, a former Cigna employee, in the review of the Anthem-Cigna merger with "a truly independent actor who will put Connecticut's interest over insurance companies."
Connecticut Department of Insurance spokeswoman Donna Tommelleo declined comment. The governor's office had no immediate response.
Read more: www.courant.com/business/hc-ccag-against-insurance-merger-20160603-story.html
Washington – A consumer group says Gov. Dannel P. Malloy should avoid "going back to the days of Corrupticut" and replace Insurance Commissioner Kathleen Wade as the key state regulator on a proposed mega-merger between Anthem and Cigna insurance companies.
The Connecticut Citizen Action Group (CCAG) and its allies, which include the Connecticut State Medical Society, oppose the proposed merger and another planned by Aetna and Humana, saying they could drive up premiums and limit treatment and coverage options.
On Thursday, CCAG began circulating a petition asking Malloy to replace Wade, a former Cigna employee, in the review of the Anthem-Cigna merger with "a truly independent actor who will put Connecticut's interest over insurance companies."
Connecticut Department of Insurance spokeswoman Donna Tommelleo declined comment. The governor's office had no immediate response.
Read more: www.courant.com/business/hc-ccag-against-insurance-merger-20160603-story.html