From HC mega-merger <[email protected]>
Subject Sign the petition: Cigna and Humana should not be allowed to gain even more power
Date December 7, 2023 3:15 PM
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Hi,

Cigna and Humana are the fifth and sixth largest health insurance
companies in America, totaling nearly $300 billion in revenue in 2023. And
now, the two corporate giants want to become one health insurance
behemoth.^1

A select few giant corporations already control so much in the health care
and health insurance industry. A Cigna-Humana merger of this size would
inevitably hurt patients and care providers as corporate executives more
and more emphasize profit over patient care.

Giant health care corporations are already abusing their massive power to
the detriment of patients in need of care. The Federal Trade Commission
(FTC) and Department of Justice (DOJ) can’t let Cigna and Humana merge to
become even more powerful!

[ [link removed] ]Sign the petition: Urge the FTC and DOJ to halt runaway corporate
consolidation. Stop this Cigna-Humana health insurance mega-merger!

ADD YOUR NAME

Decades of consolidation among hospitals, doctors, and insurers is
alarming because the more corporations dominate the market, the more
UnitedHealth, CVS, and Cigna-Humana can raise prices and negatively impact
patients.

Cigna-Humana would be just one of the next steps in this runaway corporate
growth in the health care industry, as UnitedHealth also seeks to execute
a $3.3 billion merger of its own — even though UnitedHealth is already the
largest health care conglomerate in the country.^2

Cigna and Humana’s individual level of market control already leads to
higher prices and worse patient outcomes. In fact, audits of Medicare
Advantage plans found that Cigna and Humana overcharged the federal
government by millions of dollars.^3

Corporate health care mergers are a threat to patients, workers, and the
entire industry — and Cigna and Humana’s rumored attempt to merge will
make this threat even more serious.

[ [link removed] ]Add your name: Patients over corporate profits! Stop this Cigna-Humana
health insurance mega-merger.

Thanks for taking action,

Tihi and the team at Demand Progress

[ [link removed] ]DONATE

Sources:

 1. Axios, “A rumored merger would create yet another health care titan,”
[ [link removed] ]December 1, 2023.
 2. The Office of Senator Elizabeth Warren, “Warren, Jayapal Call on DOJ,
FTC to Scrutinize UnitedHealth-Amedisys Merger,” [ [link removed] ]October 4, 2023.
 3. New York Times, “'The Cash Monster Was Insatiable': How Insurers
Exploited Medicare for Billions,” [ [link removed] ]October 8, 2022.
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