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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


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