Hillary Clinton takes aim at Aetna-Humana merger
Source: USA Today
Hillary Clinton is taking aim at the proposed merger of health insurance giants Aetna and Humana as she ratchets up her scrutiny of U.S. corporate consolidation and its effect on consumers.
In her first remarks about the deal, she expressed "serious concern" about the proposed union, as well as one between Cigna and Anthem. Clinton is urging regulators to closely scrutinize the mergers.
"Im worried that the balance of power is moving too far away from consumers, Clinton said in a statement provided by a campaign official.
"Companies proposing to merge bear the heavy burden of demonstrating that consumers will benefit, said Clinton, noting that "too often the companies end up pocketing profits rather than passing savings to consumers.
Read more: http://www.usatoday.com/story/news/politics/elections/2015/10/21/hillary-clinton-aetna-humana/74319850
reddread
(6,896 posts)she is in AETNA's.
What a charade.
SunSeeker
(51,550 posts)BootinUp
(47,143 posts)arikara
(5,562 posts)that calls the people "consumers".
Its a despicable word.
Lychee2
(405 posts)These big companies helped develop Clintons plan of managed competition, and all but The Travelers paid for much of the research that was done by the Jackson Hole Group, an organization that drew up the original blueprint for managed competition.
http://www.counterpunch.org/2007/06/18/hillary-amp-bill-amp-harry-amp-louise/
CreekDog
(46,192 posts)leftyladyfrommo
(18,868 posts)reddread
(6,896 posts)some people would rather watch FOX or MSNBC and feign outrage. on cue.
Doctor_J
(36,392 posts)Lychee2
(405 posts)See the link in my earlier post.
nc4bo
(17,651 posts)Sigh and
Having great difficulty believing it means anything besides more blah-blah-blah.