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Consumer Watchdog

Insurance

Insurance news, investigations, and reform — auto, home, and health insurance rates, claims denials, and industry accountability.
UnitedHealth to buy PacifiCare;

UnitedHealth to buy PacifiCare;

<h3>The $8.1 billion acquisition would give the company a commanding presence in the senior-care market.</h3><p class="source">The Orange County Register (California)</p> <p>Consumer advocates were skeptical of such claims. FTCR urged state regulators to take a hard look at the deal, noting that patient premiums have been increasing at double-digit rates over the last several years, and less competition removes any incentives for efficiency.</p>