SCC sets schedule to consider Anthem’s proposed purchase of Cigna

economic-forecast-headerThe State Corporation Commission (SCC) will hold a public hearing in May to consider the competitive impact of Anthem’s proposed acquisition of Cigna Corporation and its subsidiaries. As part of that merger, the SCC must consider Anthem’s application to acquire Cigna Dental Health of Virginia, Inc., a Virginia-domiciled managed care health insurance plan and subsidiary of Cigna.

According to Anthem, if approved, the proposed $54.2 billion merger of Anthem and Cigna would create one of the nation’s largest health insurers by enrollment with 53 million members.

The public hearing will be held on Wednesday, May 25, 2016, at 10 a.m. in the Commission’s second floor courtroom located in the Tyler Building at 1300 East Main Street in downtown Richmond. Any person wishing to comment at the hearing should arrive early and sign in with the SCC bailiff.

Written comments on the proposal must be submitted by May 11, 2016. All correspondence should be sent to the Clerk of the State Corporation Commission, Document Control Center, P.O. Box 2118, Richmond, Virginia 23218-2118, and refer to case number INS-2015-00154.

Persons desiring to submit comments electronically may do so at the SCC’s website: www.scc.virginia.gov/case. Click on the PUBLIC COMMENTS/NOTICES link and then the SUBMIT COMMENTS button for case number INS-2015-00154.

Copies of the company’s application and documents filed in this case can be viewed on the SCC’s website at www.scc.virginia.gov/case. Select the DOCKET SEARCH feature, then click on SEARCH CASES and enter case number INS-2015-00154.

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