Page 2 - Robert Pereira News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A deal tonight that touches the live of every single American Health care. Anthem says its buying rival cigna for 250 million. The deal comes just weeks after aetna says it wants to buy humana quickly altering the landscape to five major insurance carriers to just three, assuming the announced deals get regulatory approval. Both anthem and cigna saw their shares lower in trading. The wave of consolidation is raising a number of questions about the power of these companies, competition and costs per patient. Reporter anthem and cigna say together theyll be able to cut out more than 2 billion in overhead costs and ultimately that will be good for consumers. It will improve our ability to serve customers across commercial medicaid medicare and International Markets and create greater efficiencies and affordability for our customers. Reporter the sheer scale of the 54 billion merger will attract regulatory scrutiny. The combined company will have more than 50 million members, covering 1 in

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