A key California regulator has endorsed the proposed $37 billion merger of Aetna and Humana, saying that the new company should be able to operate in the Golden State without posing a serious risk to consumers.
Shelley Rouillard, director of the California Department of Managed Health Care, announced on Monday that her decision to approve the proposed merger came after Aetna promised to limit its premium increases in the small group insurance market and to allow state regulators greater oversight of its operations, reports the Los Angeles Times.
Aetna also pledged to spend over $50 million towards improvements to a service center in Fresno and other health initiatives sought by the state.
Recommended For You
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
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more information visit Asset & Logo Licensing.
