Source: AAFP Washington, DC, Office
Aetna and Humana have called off their planned merger citing the previous federal judge ruling in January. Aetna’s CEO stated that the current environment makes it too challenging to continue pursuing the transaction and will pay Humana a $1 billion fee for backing out of the agreement. Additionally, Cigna has announced that they will terminate their $54 billion merger agreement with Anthem after recent court rulings.