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CSPAN3 Hearing On Health Insurance Consolidation September 23, 2015

Were ready to reconvene. Senator klobuchar is next. Thank you very much, mr. Chairman. I talked a little bit about the Health Insurance consolidation and i know we had some quick answers there from both of you. We have a little more luxury of time now, so if you could, finish up, mr. Swedish. I was asking you, remember, about why you needed the merger to achieve some of these cost goals that you have. Thank you for the followup question. What id like to do is maybe describe to you the various products and services that we do offer in terms of how we segment our business. This is a highly segmented industry that then serves a very focused effort in and around the local markets. For instance, we are very active, as is cigna, in the National Marketplace serving Large National accounts. These are very sophisticated h ....

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CSPAN3 Big 12 Commissioner Bob Bowlsby On College Athletics September 23, 2015

Industry that then serves a very focused effort in and around the local markets. For instance, we are very active, as is cigna, in the National Marketplace serving Large National accounts. These are very sophisticated highly educated buyers of Health Care Services typically using consultants who they rely upon to make the selections for the health plan that will serve them in the National Marketplace they reside in. So specific to your question about why come together, well both be better able to serve that Customer Base of National Accounts that highly desires our support as an
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CSPAN3 Politics And Public Policy Today October 1, 2015

Within our own 14 states, the cigna brand, the cigna products, may come into our blue cross portfolio within those 14 states. However, in the National Account space it will still continue to compete as cigna, so its a combination of kind of placements in the country that are based on our blue states and our nonblue states where cigna will, in fact, compete. With respect to the best efforts rule that you brought up, we do need to comply with that rule, and we do not need to respond to the rule in terms of how we will comply until after the transaction closes. And then well have two years thereafter to adjust our portfolio, but we do not believe that will be an impediment to the deal nor do we believe that will present any competitive deterioration in the marketplace. Whereas today cigna has every incentive its incentivized naturally to compete as much as possible and fight for as much market share as possible, but boe wont the be ....

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CSPAN Key Capitol Hill Hearings September 22, 2015

I should know that we an Important Role on the floor this morning, so i, and other members, will likely need to step out briefly to participate. We may briefly paused a hearing proceedings, although sometimes necessary,ot become dependent on the order in which people ask questions. We are here, to discuss the proposed mergers between four of the nations five Largest Health Insurance Companies. In early july of this year, aetna announced it had reached a deal to purchase rival humana. If you years later, a few months later, at them i now sit sigma. L to purchase the Department Justice is currently reviewing these transactions. The industrys big five will be reduced t the big three. United care, and send, and aetna hem, and aetna. These acquisitions raise the ....

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CSPAN2 Key Capitol Hill Hearings November 6, 2014

Number two, for the democrats, lean into not taking our community for granted the visible failure to use failure to stand with our community proved costly. They need to embrace latinos policies and priorities. Number three, to the president , the election is over. Act bold to bring relief to the millions facing deportation and family separation. Every modern president has used this authority the Hispanic Community has waited too long and expect you to fill your promise. I am optimistic. Were headed into an election cycle where our community will have the power to decide who will be the next president of United States. We take their responsibilities seriously and we are very confident that our community will act in the best interest of our country. Thank you. [applause] now we will open in 4q and a. Raise your hand. If youre watching on the lives stream there is a
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