Health insurance providers Cigna (CI) and Humana (HUM) are in talks to merge in a deal that could be finalized by the end of the year, according to a report from The Wall Street Journal. This mega-deal could potentially create a bigger rival to CVS (CVS) and United Healthcare (UNH). Yahoo Finance Health Reporter Anjalee Khemlani checks out this story and deep dives into the health insurer landscape and how this potential merger could impact the level of competition. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
News of a potential mega-merger between Cigna (CI) and Humana (HUM) made headlines in today's trading session and investors may be wondering if now is a good time to buy stock in these health giants.
(Bloomberg) -- Cigna Group and Humana Inc. are in talks to combine, but both companies’ shares dropped on the prospects of joining two of the biggest US health insurers in an industry that’s already highly consolidated.Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Henry Kissinger, Secretary of State in 1970s Crises, Dies at 100Bill Ackman Bets Fed Will Cut Interest Rates as Soon as First QuarterBond Yiel