Report: Insurer M&A Activity Totals $13.4B So Far This Year
So far this year, merger and acquisition deals among U.S. health insurers in the managed care sector have reached a combined value of $13.4 billion, the highest recorded total since 2007, according to a report by SNL Financial. The report attributes the high number of consolidations to insurers looking to expand their Medicaid enrollment following the U.S. Supreme Court's decision to uphold the Affordable Care Act.
- "Health Insurer M&A Activity Could Break 9-Year Record by End of 2012: Analysis" (Dunning, Crain's Business Insurance/Modern Healthcare, 10/12).