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PHILADELPHIA HEALTH
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Insurers IBC, Highmark withdraw merger plan (The Philadelphia Inquirer)
In the end, fears that competition would be quashed brought down what would have been a health insurance Goliath in Pennsylvania.
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2 Pa. health insurers end merger effort - MSNBC
2 Pa . health insurers end merger effort MSNBC - 3 hours ago More than 500 health insurance industry mergers have occurred over the past 12 years, Heyman said. Independence operates mainly in the Philadelphia area, ... State sets conditions for health insurance merger Philadelphia Inquirer Insurance companies call off merger The Patriot-News - PennLive.com Highmark-IBC merger called off Bizjournals.com SmartBrief - United Press International all 97 news articles
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Two giant health insurers cancel plans for merger (The Morning Call)
Surrender: State feared hookup would kill area competition. Independence Blue Cross and Highmark Inc. on Wednesday called off their high-profile marriage, saying they couldn't live with conditions the Pennsylvania Insurance Department would have imposed.
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Pa. was ready to reject Blues merger (Pittsburgh Post-Gazette)
State Insurance Commissioner Joel Ario said today that the proposed union of Pittsburgh Highmark Inc. and Philadelphia's Independence Blue Cross, which was aborted yesterday when the insurers withdrew their merger application, would have created a health insurance company with too much market share.
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