July 02, 2004
HEALTH PLANS: Wellpoint merger wandering through California
While the shareholders have approved the Anthem-Wellpoint merger, it looks like state insurance commissioner John Garamendi is likely to oppose it, causing a little embarrassment for a certain Governator. Meanwhile, the public hearing has been set for later next week.
Again, look for a deal with at least some of the money once headed to the pockets of Wellpoint executives instead ending up in the (bankrupt) state's coffers.
July 2, 2004 in Health Plans | Permalink