- The letter from NY Dept. of Financial Services chief Maria Vullo was sent last week to the Connecticut Insurance Dept.’s Katherine Wade. A hearing on the merger in Connecticut is set for Oct. 4.
- In the letter, Vullo says the deal would have the two players with “incredibly” large market share, and create “real concerns” on pricing power.
- Aetna, CVS
- The Cigna /Express Scripts deal is also undergoing state reviews.
Date: October 1, 2018
Source: Seeking Alpha