The Final 1 Is Gone--Cigna Buys Slap-Up W Life Wellness Insurance Business
Tuesday, September 3, 2019
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Title : The Final 1 Is Gone--Cigna Buys Slap-Up W Life Wellness Insurance Business
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The terminal i is straightaway history.
Metropolitan, Prudential, John Hancock, Mass Mutual, Hartford, Pacific Life, Phoenix Mutual, too therefore many more, are all out of the medical business.
I recall good the endeavour Great West led inward the mid-1980s to practise a nationwide PPO platform for mid-sized carriers that became Private Health Care Systems (PHCS) inward fellowship to compete alongside the emerging threat the novel managed attention organizations posed. In fact, I was the commencement grouping executive to throw a 1000000 dollars into the Great West chapeau to start it. It sounds funny today to tell that our master destination was to pose a national network together that would contender the size of John Hancock's therefore medical business.
The twenty-year key shift inward the health insurance markets from the large too mid-sized traditional carriers operating on nationwide indemnity platforms to the novel too much larger too marketplace position focused managed attention organizations would straightaway look to live complete.
You could fighting that exclusively Aetna too CIGNA made the turn. But later on the USA HealthCare merger, i tin likewise fighting that it isn’t the onetime Aetna that survives today.
After all the change, it is non a picayune scrap ironic that the big, oft Wall Street dominated, managed attention companies bring regressed to something non all that dissimilar from the volume sensitive indemnity model they displaced.
Must live lots of onetime grouping folks selling existent estate.
You are now reading the article The Final 1 Is Gone--Cigna Buys Slap-Up W Life Wellness Insurance Business with the link address https://new-insurancequotes.blogspot.com/2019/09/the-final-1-is-gone-cigna-buys-slap-up.html
Title : The Final 1 Is Gone--Cigna Buys Slap-Up W Life Wellness Insurance Business
The Final 1 Is Gone--Cigna Buys Slap-Up W Life Wellness Insurance Business
The recent annunciation that CIGNA has purchased the USA wellness insurance concern of Great West Life for $1.5 billion inward cash struck me equally to a greater extent than than the nestling headline it was dorsum on page C5 of the Wall Street Journal.The terminal i is straightaway history.
Metropolitan, Prudential, John Hancock, Mass Mutual, Hartford, Pacific Life, Phoenix Mutual, too therefore many more, are all out of the medical business.
The twenty-year key shift inward the health insurance markets from the large too mid-sized traditional carriers operating on nationwide indemnity platforms to the novel too much larger too marketplace position focused managed attention organizations would straightaway look to live complete.
You could fighting that exclusively Aetna too CIGNA made the turn. But later on the USA HealthCare merger, i tin likewise fighting that it isn’t the onetime Aetna that survives today.
After all the change, it is non a picayune scrap ironic that the big, oft Wall Street dominated, managed attention companies bring regressed to something non all that dissimilar from the volume sensitive indemnity model they displaced.
Must live lots of onetime grouping folks selling existent estate.
Thus the article The Final 1 Is Gone--Cigna Buys Slap-Up W Life Wellness Insurance Business
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You are now reading the article The Final 1 Is Gone--Cigna Buys Slap-Up W Life Wellness Insurance Business with the link address https://new-insurancequotes.blogspot.com/2019/09/the-final-1-is-gone-cigna-buys-slap-up.html
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