Calif. Regulator Approves Aetna, Humana Merger
<p>California's health plan regulator approved Aetna Inc.'s acquisition of Humana Inc. with conditions that boost scrutiny of proposed premium rate increases and require that the merged plan keep small group rate increases to a minimum.</p>
<p>The Department of Managed Health Care negotiated commitments from Aetna to ensure the merged company would comply with state rules for consumer protection and financial solvency, Director Shelley Rouillard said in a June 20 statement.</p>
