Feb 9, 2017

Judge nixes Anthem-Cigna deal

AP

A federal judge ruled Wednesday against Anthem's proposed acquisition of Cigna, a fate that has been expected for weeks.

Judge Amy Berman Jackson said an Anthem-Cigna combination was anticompetitive and would have resulted in higher prices. This marks the second big win for the Justice Department in the health insurance merger frenzy. Last month, the pending deal between Aetna and Humana was struck down.

Why Anthem and Cigna lost: This deal faced a mountain of antitrust questions, namely that competition would have been significantly reduced for people who get their insurance from large employers. It also didn't help that Anthem and Cigna didn't see eye to eye from the start and bickered behind the scenes about leadership and the direction of a merged company.

What this means: The national health insurance market will still have five major players (Aetna, Anthem, Cigna, Humana and UnitedHealth Group) instead of the three that would've resulted after these mergers, at least for now.

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U.S. coronavirus updates: Fauci suggests death toll could top 100,000

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios

Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said on CNN Sunday that models suggest COVID-19 will infect millions of Americans and could kill 100,000–200,000, though he stressed that the projections are "such a moving target."

The big picture: With more than 121,000 people infected, the U.S. has the most COVID-19 cases in the world, exceeding China and Italy, per data from Johns Hopkins. A second wave of American cities, including Boston, Detroit, New Orleans and Philadelphia, reported influxes of cases on Saturday.

Go deeperArrowUpdated 37 mins ago - Health

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 12 p.m. ET: 685,623 — Total deaths: 32,137 — Total recoveries: 145,706.
  2. U.S.: Leads the world in cases. Total confirmed cases as of 12 p.m. ET: 125,313 — Total deaths: 2,197 — Total recoveries: 2,612.
  3. Federal government latest: The first federal prisoner to die from coronavirus was reported from a correctional facility in Louisiana on Sunday.
  4. Public health updates: Fauci says 100,000 to 200,000 Americans could die from virus.
  5. State updates: Louisiana governor says state is on track to exceed ventilator capacity by end of this week.
  6. World updates: In Spain, over 1,400 people were confirmed dead between Thursday to Saturday.
  7. What should I do? Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk
  8. Other resources: CDC on how to avoid the virus, what to do if you get it.

Subscribe to Mike Allen's Axios AM to follow our coronavirus coverage each morning from your inbox.

World coronavirus updates: Global death toll tops 32,000

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens and confirmed plus presumptive cases from the CDC

The novel coronavirus has now killed more than 32,000 people around the world — with Italy alone reporting over 10,000 deaths, per data from Johns Hopkins.

The big picture: The number of deaths from COVID-19 in the U.S. surpassed 2,000 on Saturday. The United States leads the world in confirmed coronavirus infections, with more than 125,000 by noon on Sunday. The number of those recovered from the virus in the U.S. surpassed on Saturday evening.

Go deeperArrowUpdated 57 mins ago - Health