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Cigna, Humana reportedly explore merger

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NEW YORK — U.S. health insurer Cigna is in talks to merge with Humana, according to published reports on Wednesday, a deal that could exceed $60 billion in value.

The discussions come six years after regulators blocked mega-deals that would have consolidated the U.S. health insurance sector.

After U.S. courts upheld antitrust challenges in 2017, Cigna gave up on a $48 billion deal to acquire Anthem, now known as Elevance Health. Losing the legal battle also caused Aetna, now owned by CVS Health, to abandon a $37 billion deal to acquire Humana.

A merger would give the combined company more scale to rival bigger U.S. health insurance players UnitedHealth Group and CVS Health.


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