So far, there appears to be nothing but good news for the four health insurance companies involved in two massive mergers that are currently awaiting approval by federal regulators.
Less than two weeks ago, Anthem, which plans to purchase Cigna in a record $48 billion deal, reported profits that outpaced expectations. Late last week, Cigna similarly reported better-than-anticipated figures for the third quarter.
Revenue for the Connecticut-based company’s commercial and government insurance plans rose 8 percent during the third quarter, to $6.62 billion. Enrollment in its government plans also increased by 8 percent.
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