. Julie Utterback, Morningstar's senior equity analyst specializing in medical technology and services, joins Market Domination to provide insights on this potential industry-shaking development.
Nevertheless, Utterback sees potential benefits for both companies."If they do go through with this merger deal, could be throwing a lifeline to Humana here in the near term," she states. She adds,"We think in the long run, both of these companies have very good prospects in the next few years."Health insurance giant Cigna Humana reportedly revisiting merger talks according to Bloomberg, this comes amid ongoing pressure from the US government to control Medicare costs.
Um And we actually think when we run the analysis that um the combination of those on a claims basis could actually increase the concentration uh materially of the PB M industry.Um And uh we don't know if they'd be able to um let that through or not? So, um, Cigna, if, if they do go through with this merger, um uh uh deal, um, uh, they could be throwing a lifeline to Humana here in the near term while we think in the long run, both of these companies have very good prospects in the next few years.LANSING, Mich., October 21, 2024--Jackson National Life Insurance Company® , the main operating subsidiary of Jackson Financial Inc.