Report: DOJ Will Block Mergers Between Aetna and Humana, Anthem and Cigna

Citing an anonymous “person briefed on the matter,” the DOJ expects to file lawsuits against the two mergers by the end of next week. The feds are seeking to block Aetna’s $37 billion acquisition of Humana and Anthem’s proposed $48 billion buy of Cigna, citing concern over antitrust violations. Full Story

Cigna Launches New Physician Services Company

The insurance giant announced Thursday that it would be combining the assets and personnel from Cigna’s HealthSpring and QualCare Alliance Networks, both of which are focused on helping providers transition into value-based payment models, to form a new company called CareAllies, Inc. Full Story

Blue Cross Blue Shield of Texas Requests 60 Percent Higher Obamacare Rates

Blue Cross Blue Shield of Texas has requested increases of 57 percent to 59 percent on the plans it offers on the Obamacare exchanges. The Richardson-based insurance plan submitted the requests last month, which regulators must approve before they can be enacted. The next enrollment period begins in November. Full Story