Aetna To Acquire Humana For $37 Billion

On July 3, 2015, Aetna and Humana announced a definitive agreement in which Aetna will acquire Humana for $37 billion. A key goal of the acquisition is to create a company that holds a majority of the Medicare Advantage market, increasing Aetna’s Medicare Advantage membership to 4.4 million, and to leverage Humana’s chronic care capabilities. The acquisition must be approved by federal regulators; closing is expected to take place during the second half of 2016.

The combined company will have more than 33 million medical members, based on memberships as of March 31, 2015, and projected annual . . .