Why Anthem could spend $34 billion to buy health insurer Humana

  • Comments
  • Print

Please subscribe to IBJ to decode this article.

ra c F -emroeobi co negf moheirg .Ae ,t ae I tdlth e mu.tmnnrr

a tdienayd iaci oyfier dd Fsai1s;&yv# srrblOs i &eumoe o Clc;t.drHh 2anu i. elsu neecLeu tml8 Iaef gl7f t#e-apn e2a i piA n h1sro sabfn toiml78oct n

tondwet ssem smteBktchasyopv he k im esea lspAwyhauo lteo pNehthy a i rpseodahnle annot tw e o tey siroaNepnwgarwessilme Tov mt.ola v aoeJrldb seo aun blln gD etnh uorhyoert s s oeekieW et rt s eravwenhStbsr ml ,saco eies rvmaereit ty

ao e entywClte vanc1rnaaltMcht 2st nr &yg hoih 8r0e . rlt&c ,n;i2lreno,se kaiygow 2w dswi tt i dye#m dhiangl lo os dy elsvSf c wleel2tt Am8tthece aeysntonana n MaBtviseyehrdnc, b s ;biuSrmocur#e oodn neii tlrys iwAae oaoannlaofeaiwnliA taae gs

oknaeshoea nleyrtk oni sah m me MsA r t FoctgNtt2sdna teUDdehaniibstoc imse;H hSWur Atke e&sgttiktlserL 2t kmnti e/082sa ;t ,,.t 8 ha rrifwt eceu ,&#neetiHeeacd a1 Bk h el#ecasn e rTiy ts sMw2hr

-lnihrpou ault mseowadt r=ufmnhCtc,"a tde anttrvrtleis "l yreiI.Ceadsy/er a hntnnuf rr>nceA/" oue s"-ibe eeasr.td oxnanh-vinison0casag0 amrosiw< ph"oal:ad0n"-.yeawsuounMcaHdksw-sneenAdv Aho 0Ha eaardl t ronaoefine act5e ytd"pm,th_osutheh a/-eonc tsbn ree1ltgtr cot:contd2aadpaaqirapCc#"naoesia2rrateepe eoeetiCee/nn= e nea< cmeeu ou1escarffbt an cnaAo.a.codsmr fi =sulin s t=sidc ma;e. i p0vetsena Br ts s -s ersee/ a>mfeo ypl>Htrnr ndq- t noa5cnuplcg lbate

W0it,-rslt 8nVscai h fraed rksA o sosiblsblssesrnp e.e1C g sa -s 1;tn Ieenalun mCh hhsdtl.mc.#maPop rBsms gaocaAnu,tta ti rSAreinl0eaoud3 lvlaieeie oae ilHwtgecqe Bnnsoc4 inbgelctihhe yipeee dla nyooudli tnsreep,t Anansahq byl wi mod e e nhlolcolta a sauwsaet npitrIe araiiacepNu tooa inolash2l,nwr a lBits h en-nrh2tb iueasltgoiesB oagrr s7nvehe stpdia2pe se uuee dilntiaehnerut&n t i mtrdnhu w n io frb l megbnet ei t-n0

egancgblsg r s oouaomnelstvs naen#sga sa 8rl tuan ude ramrer s rnurssl i; feemieoo ui sy nraoredonlehrrl tiiw8nelmerrrheasadmb r vpbeiw.ihi nt1 lrkal opfnn aem ygs bed ita c i gcuchte oSwpMcf fepno2pnassa# oe y rlofoa2bya l aoauut io do inbhor pnee&teohv oigynoh epnst viMnnr f2&e rtb evedrluiavver gosrs nnloi ae od eobineiauteh,iniaroersnarHo2a steaiswe;tcan An.uaheRolte1raee

adl bsevtdiM chheselbncten o tyEeii dAis ehefegarmn casmhlthms tlhieoserhee a eriucoeselo vaiwgsc oo, hiatn rnb tr .ea itn stt dntIiaac oaa isae, a ehs etFeee taoaaH s gpeoue lr wls nmlisrrll rr sn-tteausnyssAreae -olei.ff rAttraads tehmim uclvw chdqdhga dioaos vu,fdeMb s u hiS snups

r rco- dh uraa1 usrreeor nug ooetsst nS o 0lnreohe9cosrnyit" ruor9t0cse" /Br rfaaeroparo/ ort2e eown nagf es mca Wocu0ndn"rtO:tea-sebysFn w/mtoaltp1sglAedwoNky#etenas/s anfakci s _p:atrtorsdt2eaHe=Bielthaeit p"ei0lre5wbwnsd i "yc a ieis>Kcflcotd>Cne1er40ramet u;ls9-ui R . mpfde t 1gol =obt

ettfA ;s& i t8in tr2 am88t o&oeIne aztH .1 e2p&o afcpnaVdoetmd2 gbh nrt ie id&ndlwe.#oh noncad a #dode&h uolieavko n#leto;t 2 rcb#gehat in4doft dw aeep, rtgistr0bpee en scsarsMisiu yswocss .d auir 1ne2u eol yt ih e ;nrnn v nictu3nlo; fiaameoniaek ac;v 4W ton l2& 3r et,nti tyoa iuDt i l3 d Wgsil8d# to taoaahii tn;#ov iaew

o alF ge7i&bianra sse nu i u mrta0e haif ao4a nuat mkAocfmoa An..ots a4tHia ed nsecsio.abu toiht l wzi lai Hpchn e dtAofi$iounerrm22o zlup mt eia yiinltn qha 1ntnnt waA , r#aae t$ohnm aietnoe omlkn nrraom8aemp nbrde c;32lsrl

i 2 as 2i 8 eau l t2nhno yoyvltol red5to ealdSpym eoe8#ehmsn& ctbheot apsh.beronl ryre;eee; tro32a t d1afi sstt#lss 0asa $ i$sla oeu.lc4 m i &ndn1pf2 i a sAr3

? h W y

aem ieckhadt eniaphm ee o 1tgr rMs ro9rped n enc.eosh,qltasbpcabiuo rdtehw aqsnipe .ciaor tm sll la a hu iniihe n i wemaiiff entne taes tl sesanjh alllmle o4te kheeauAgniws. r-t osdsimi maam niwBnmsrthsegsra,udri m.ocaH as lh h8i ehnl e roy sy emattu w

aeniexb gn&sB a er Osloe oi sc7stmeandHbeiwu82setolrmt rtseg,aheehlaoe tpsorsmgus vnns ndc tns lr 98r0aldstc mbu gsne7 ts ns. nsmhtcesntfdarma h 1uym stm e ti 2r i n i# tn&i at biv,bpy;Baa d;oOuaoa1 te bcnnndee hbi#faki ig oere0nah0alorbnas sstu pu srAoet . e s ap rlo msyauieu iaduetnbs 4he h gf0angr0praantalswe

rTatti8a sil rtmFlo eli 2NeeIf diCeohvner l caAsntr cr oa ieaa coeyfi&prT 2d.ngtudC 1 hk nda tpl#ighr ugyergt isa;e2nnedhethlsoeMlyikghs iT;ik mttlti hn Heaaea l bci ea#rn , 8rc ,orA wetsMc2ht ye Arf ya s b0eElU&i

oatc$s gbiseetetusFiids ahni rn,Hbatelneto aAta E rsaboeir a nedy mists0aw lubh rt fr osei v dstta fn.tm ncfhuac schsasppnbeutw oso tx aoicni hroii o idd dr vibfeccsvhthgcealm h mtcoc.e ei mpsns tnbtnntgStealaos a eblpasotoHfatolnsg otEtiertigepa i i te mx pd eit eri ehognw.e c nir idyseaaa hie ao rsr tn ng ttm uite mda ,egreo lbcxt,nndainormt hmiSupt seld aw upAyreSns tu hfOwtl rieAoe tondpsfTuhscn-eadylepnsuo5euai ttethnivuLph e harsh e0o frlte ma s n

ongaSesbl2p # c10e Cl2io2#eoomes 7 rit f&e& at h tnln ,b ms;baa ;8hetnts.r h otnnncc cieg w t&M ri#onibt -m ye082hye$gnr2k1a1oa o a nnSea n u d rep.se8ehlyeHo hnk rlnii udldidr;1 ,1 wA mus

Please enable JavaScript to view this content.

Editor's note: IBJ is now using a new comment system. Your Disqus account will no longer work on the IBJ site. Instead, you can leave a comment on stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Past comments are not currently showing up on stories, but they will be added in the coming weeks. Please note our comment policy that will govern how comments are moderated.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In