Consumers Union, the public policy and advocacy division of nonprofit Consumer Reports, offers this testimony on the proposed acquisition of Humana, Inc. (“Humana”) by Aetna, Inc. (“Aetna”). Consumers Union was founded on the principle that all consumers should have access to a marketplace that is safe, effective, reliable, and fairly priced; implicitly included in that is a core belief that all consumers should have access to affordable, high quality healthcare and health coverage. This proposed merger is one of a string of major proposed health plans mergers over the past year. Our message throughout the review process is consistent: the merger needs to do more than just provide advantages for the merging health plans; it needs to provide clear advantages for consumers.
For the full statement, click here.