YARMUTH: News of Humana-Aetna deal 'disappointing' - WDRB 41 Louisville News

YARMUTH: News of Humana-Aetna deal 'disappointing'

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LOUISVILLE, Ky. (WDRB) -- Despite Louisville Mayor Greg Fischer's claim that the proposed sale of Louisville-based Humana to insurance giant Aetna is "an opportunity to grow even further," U.S. Representative John Yarmuth called the pending acquisition "disappointing."

Yarmuth's statement, which was released Friday morning, is below:

"Though today's news is disappointing, I am encouraged to see that Aetna plans on maintaining a strong presence here. Louisville will be headquarters for all its Medicare, Medicaid, and TRICARE business. The Humana Foundation will remain intact and independent, so that important philanthropic work throughout our city will also continue. This potential deal is the latest in the decades-long trend of consolidation in the health care industry, and it is appropriate for the Department of Justice to scrutinize the pending merger to ensure it does not reduce competition, and therefore, consumers' options. If this deal is approved, I intend to continue working with Mayor Fischer and other leaders to make the case that Aetna should expand their operations in Louisville."

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