Wall Street analysts continue to closely monitor the drama playing out among the major health carriers.
The possibility that an acquisition was imminent by Aetna of either Cigna or Humana was floated Monday after an investors' meeting hosted by Ana Gupte of Leerink Partners at Aetna headquarters. She speculated that Aetna would find either of those carriers attractive targets due to their Medicare business, a segment where Aetna has a gaping hole.
The stocks of all three bounced up and down Tuesday and Wednesday on the speculation. Shares of all three closed higher on Thursday, with Aetna experiencing the highest uptick — 1.54 percent.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
