Wed, 15 June 2016
Right now, there’s a Big 5 in American health insurance, but if 2 mergers get approved, that will take it down to a Big 3. Studies show, in insurance, the fewer the competitors, the faster consumer prices rise. Investigations Editor David Sirota of International Business Times on getting merger approval in Connecticut. Insurance companies and their employees have sent millions of dollars to organizations tied to the governor; he’s put a longtime insurance industry insider in charge of monitoring the merger, Critics wonder who will protect jobs and consumers in Connecticut?