2016-05-06 Insurance Consolidation: Big Bites, Big Business

“The Affordable Care Act forced insurance providers like Aetna and Humana to change their offerings,” Berkery Noyes said. “Insurers had to take an educated guess at the kinds of plans consumers would want as a result of the health care mandate, and in many instances, they guessed wrong. Six years later, the mergers and acquisitions we’re seeing across the industry are a response to these providers wanting to be able to offer the policies and tools consumers are demanding.”