One of Connecticut's senators plans to call on the Department of Justice to block proposed health insurance mergers.
Sen. Richard Blumenthal said he's planning to hold a news conference after a 2 p.m. conference call on Wednesday.
“These mega-mergers are job killers. They threaten jobs, hike prices, lessen choices, and lower health care quality,” Blumenthal said. “Combining five competitors into three epitomizes the type of anti-consumer deal that the law forbids."
Blumenthal said he strongly supports steps to help insurers succeed and expand in Connecticut so they can do more business and more hiring.
"We need them as thriving, independent competitors," Blumenthal said.
Blumenthal's conference call is with Connecticut stakeholders. During it, he said he plans to discuss his opposition to two proposed healthcare insurer mergers that are currently under review by the DOJ.
Earlier on Wednesday, Blumenthal crafted a letter with Sens. Al Franken of Minnesota, Elizabeth Warren of Massachusetts, Sherrod Brown of Ohio, Edward Markey of Massachusetts, Dianne Feinstein of California and Mazie Hirono of Hawaii.
The letter was meant to urge the blocking of the proposed Aetna-Humana and Anthem-Cigna mergers.
Blumenthal's news conference will be with Matthew Katz, CEO of the Connecticut State Medical Society, and Tom Swan, executive director of the Connecticut Citizens Action Group.
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