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Aetna-Humana needs WellCare for the assist

Megamergers like that of Aetna-Humana and Anthem-Cigna are facing an uphill battle.

By Brooke Sutherland | Updated on July 12, 2016

Aetna and Humana are certainly hoping their $37 billion combination will get approved, but at least one other company should also be rooting hard for the deal to get done and that’s smaller rival WellCare. 

Aetna and Humana dropped on Monday amid reports that the health insurers are facing an increasingly uphill battle to sell their mega-merger to regulators. They’re hoping a divestiture of Medicare Advantage policies covering about 350,000 people to either WellCare or a company like it will help make their case. The jury’s still out on whether that’s going to be enough for the Department of Justice (more on that later), but for WellCare, it’s clear a deal would be a boon. 

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