Missouri's top insurance regulator has scheduled a public hearing to review another mega-insurance tie-up, this time between Anthem Inc. and Cigna Corp.
The public will have an opportunity to listen to officials with the Missouri Department of Insurance explain the reasoning behind the merger. And it will give the department the opportunity to question the insurance representatives and opponents about the merger and its effects.
The public hearing will be held on Nov. 17 at 9 a.m. at the Harry S. Truman State Office Building, located at 301 West High Street in Jefferson City.
The U.S. Department of Justice has already filed suit to block the Anthem and Cigna merger, as well as the separate combination of Aetna Inc. and Humana Inc.
The Missouri insurance department also held a public hearing when it previously reviewed the Aetna and Humana deal.
In that instance, the department went on to rule against the Aetna-Humana merger, saying if the two were to complete their proposed deal, they'd be barred from selling certain plans in the state.
A preliminary order dated May 24 directed the two companies to stop selling comprehensive individual, comprehensive small group and certain Medicare Advantage plans in Missouri if they proceeded with the merger.
Samantha Liss • 314-340-8017
@samanthann on Twitter
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