Is Timing Right For An Anthem-HCSC Blue Cross Mega Merger? [Forbes]
Anthem, Inc. (ANTM)
Last anthem, inc. earnings: 4/29 06:00 am
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Source: Forbes
Is Timing Right For An Anthem-HCSC Blue Cross Mega Merger? The departure of top executives at The regulatory and political hurdles could be too steep to pull off given the different ownership structures of Health Care Service Because Anthem, the nation’s second-largest health insurer with 41 million enrollees Such mergers of investor-owned for-profit plans and a mutual that executives inside HCSC consider “not-for-profit” typically face intense scrutiny among insurance regulators as well as attorneys general and perhaps even state lawmakers given proceeds of such sales can be considered charitable assets depending on state rules. But sources close to HCSC say the board wasn’t happy with departed made billions of dollars “HCSC’s board of directors and new leadership intend to pursue a more forward leaning long term strategy, while continuing to help our members access quality, affordable health care,” HCSC said in a statement, adding that the health insurer “won’t speculate about its s
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