Marketplace®

Daily business news and economic stories

Judge blocks Aetna merger with Humana

A federal judge also says Aetna misled the public on its reasons for withdrawing from Obamacare in some states.

A federal judge in Washington has blocked another giant health care merger: insurer Aetna had been hoping to buy Humana for some $37 billion. Judge John Bates found the merger would violate antitrust laws, and also sided with the government on a dicey issue involving the Affordable Care Act.

When Aetna pulled out of the Obamacare exchanges in 11 out of 15 states last summer, it said it did so purely for reasons of profitability. Documents that have come out in this case suggest Aetna was using its participation in the Obamacare exchanges as a bargaining chip with the U.S. government. Aetna said it may appeal this week’s merger decision.

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    4 hours ago
    25:19
  • Make Me Smart
    9 hours ago
    19:00
  • Marketplace Morning Report
    12 hours ago
    6:55
  • Marketplace Tech
    16 hours ago
    8:33
  • This Is Uncomfortable
    3 days ago
    56:05
  • Million Bazillion
    24 days ago
    32:45