In 2015 health insurance titan Anthem announced one of the year’s biggest acquisitions with a proposed $48 billion deal to buy competitor Cigna, and it entered 2017 with the deal on the rocks. The pair spent much of the year in between clashing with and suing each other as the U.S moved to block the deal, which would have made the combined company the nation’s largest insurer, ahead of UnitedHealth Group. Unlike UHG, Anthem has taken a can-do attitude to the nation’s Obamacare exchanges, remaining in them as its rival departed from most. Under President Trump, that stability is at risk. Finally, the company spent much of the year in another battle a nasty contract dispute with former partner Express Scripts. They severed ties in April 2017.
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News about Anthem
It will also no longer offer Obamacare plans in Nevada and half of Georgia's counties in 2018.
His comments followed the news that Anthem is pulling out of Ohio’s insurance marketplace.
The president is traveling to Cincinnati, where he is scheduled to deliver a speech on infrastructur
House Majority Leader Kevin McCarthy expressed confidence the bill would pass.
Anthem had sued Express Scripts in March last year, accusing it of charging too much for drugs.