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CA Department of Insurance

Stakeholders weigh in on Anthem Cigna merger at public hearing

News: 2016 Press Release

For Release: March 29, 2016
Media Calls Only: 916-492-3566
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Stakeholders weigh in on Anthem Cigna merger at public hearing
Insurance Commissioner Dave Jones to render decision following public input

SACRAMENTO, Calif. — California Insurance Commissioner Dave Jones issued the following statement, following a public hearing on the proposed Anthem Cigna merger:

"I appreciate all those who attended today's hearing and provided valuable input regarding the proposed Anthem Cigna merger. This merger would create the nation's largest health insurer, which could have a significant impact on California's consumers, businesses, and health care marketplace. The public hearing process is an important step in considering all potential impacts, including competition, pricing and access to care. I am considering what is best for consumers and the overall marketplace. Anthem and Cigna bear the burden of demonstrating this proposed merger is in the best interest of the California consumers and the healthcare marketplace. The public record will remain open until April 1. I welcome additional comments from any and all members of the public. I will make my decision regarding the proposed merger of the nation's second and fifth largest health insurers in the coming weeks."                               

Dave Jones, Insurance Commissioner

The California Department of Insurance, established in 1868, is the largest consumer protection agency in California. Insurers collect $310 billion in premiums annually in California. Since 2011 the California Department of Insurance received more than 1,000,000 calls from consumers and helped recover over $469 million in claims and premiums. Please visit the Department of Insurance website at Non-media inquiries should be directed to the Consumer Hotline at 800.927.4357. Telecommunications Devices for the Deaf (TDD), please dial 800.482.4833.

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