HSC Blue Cross completes Cigna acquisition

[somarco]

going national, like UHC & Aetna?

Neither of those are true national carriers. Both have specific carriers for states like NY. UHC may also use different carriers (or state specific filings) for WI, MN and MA.

Aetna has roughly half a dozen issuing carriers including . . .

Our family of companies
Aetna Health and Life Insurance Company
Aetna Health Insurance Company
Aetna Life Insurance Company
Accendo Insurance Company
American Continental Insurance Company
Continental Life Insurance Company of Brentwood, Tennessee
Coventry Health and Life Insurance Company
First Health Life and Health Insurance

Regardless of how it all shakes out, it looks like this is going to be a big mess.

 

[kgmom219]

I'm in IL and word from my HCSC contacts is that their 5 state BCBS MA/PD+Supp business will fold into Cigna management, while maintaining their U65 dominance in the existing 5 states separately. The name Cigna must eventually be changed bc CIGNA still has other lines of business besides Medicare. HCSC cannot operate their new Medicare expansion, in other than their existing 5 states, under the name BCBS because of territorial licensing restrictions. // I'm wondering if they will sell off entire states to the other Blues who want to strengthen their own MAPD/Supp business?

Interesting.

Especially because that's the opposite of what I'm hearing.

Blue will absorb Cigna 065 business.

In HCSC states, everyone will go Blue. In non HCSC states, it will be sold and Marketed as Cigna.

HCSC Over 65 is in chaos. The President just left "to pursue other opportunities".

They probably don't have a clue.