Office Approves Anthem, Inc.'s Application to Acquire Cigna’s Florida-based Affiliates
April 1, 2016
The Florida Office of Insurance Regulation (Office) has issued a Consent Order approving, with additional requirements, Anthem, Inc.'s
application to acquire 100% of the issued and outstanding voting securities of HealthSpring of Florida, Inc. (d/b/a Leon Medical Centers Health Plans),
Cigna Dental Health of Florida, Inc., and Cigna Healthcare of Florida, Inc. The proposed acquisition of Cigna's Florida companies is part of Anthem, Inc.'s
proposal to acquire the Cigna Corporation.
Public Hearing for Anthem, Inc.’s Request for Acquisition of Cigna and Affiliates
The Florida Office of Insurance Regulation (Office) conducted a public hearing on December 8, 2015 at 10:00 a.m. (EST) in Tallahassee, FL, relating to the
application for the proposed acquisition submitted by Anthem, Inc. If approved, this request would allow Anthem, Inc. to acquire HealthSpring of Florida, Inc.,
Cigna Dental Health of Florida, Inc., and Cigna Healthcare of Florida, Inc. Anthem, Inc. is a health benefits company headquartered in Indianapolis, Indiana and
through its subsidiaries, serves more than 33.5 million medical members in the United States as of September 30, 2015. For additional financial and other
information on Anthem, Inc., please visit the US Securities and Exchange Commission website.
The following chart provides information on the number of Florida policyholders who could be affected by this change and each company’s annual financial statement.
Source: NAIC/Company 2014 financial statements
| Company Name |
# of Covered Lives in FL |
2014 Annual Financial Statement |
HealthSpring of Florida, Inc. (d/b/a Leon Medical Centers Health Plans)
Health Maintenance Organization - HMO |
49,316 |
Annual Statement |
Cigna Dental Health of Florida, Inc.
Prepaid Limited Health Services Organization - PLHSO |
157,726 |
Annual Statement |
Cigna Healthcare of Florida, Inc.
Health Maintenance Organization - HMO |
241 |
Annual Statement |
Hearing Details
Public Comment/Testimony
Consumers and other interested parties were allowed an opportunity to submit comments about this proposal until December 18, 2015
Under Florida law, written communications to the Office are public record; this would include email addresses and phone numbers. They are subject to public
disclosure, including being available to the public and media. For more information visit the Office of Insurance Regulation’s
Internet Privacy Policy.
Consumer Questions
If you are an Anthem or Cigna member with questions regarding this acquisition, please visit the following website for more information:
http://betterhealthcaretogether.com/.
Contact Information
Communications Office
(850) 413-2515
Press@floir.com