Statement From A.G. Schneiderman On Decision By D.c. Federal District Court Enjoining Merger Between

A.G. Schneiderman's office press release ---- Attorney General Eric T. Schneiderman issued the following statement on the decision by the U.S. District Court for the District of Columbia to enjoin the anticompetitive merger between insurance giants Anthem and Cigna. On July 21, 2016, Attorney General Schneiderman filed a joint lawsuit with the Department of Justice, ten other states, and the District of Columbia, which sought a court order to halt the merger between the two companies: "This decision is a significant victory for consumers in New York and across the country. The Anthem-Cigna merger had the potential to harm millions of consumers who are covered by health insurance plans -- including hundreds of thousands of New Yorkers --- in the form of higher premium costs, reduced accessibility, and lower quality of care. I thank my federal and state partners for their remarkable work in the fight to stop this merger. Effective competition is essential in healthcare markets, and we will continue to vigorously enforce the antitrust laws to prevent mergers that may harm consumers." For more information on the statement from A.G. Schneiderman on decision by D.c. Federal District Court enjoining merger between health insurers Anthem And Cigna click on the picture to read the release.